Wise, a San Mateo, CA-based fintech startup that offers banking and payments services to modern businesses, raised $5.7M in seed funding.
The round was led by Base10 Partners’ Rexhi Dollaku with participation from Abstract Ventures, Backend Capital, The Fund, Two Culture Capital, and notable angels such as Michael Vaughan, Jonathan Weiner, Lawrence Chu, Inaki Berenguer and others.
Founded in December 2018 by Arjun Thyagarajan, CEO, and also led by newly added President Raghav Lal, who was the former Chief Credit Officer at American Express and General Manager of Small Business at Visa, Wise offers modern businesses a banking solution to bank, pay, and get paid embedding in platforms and marketplaces.
Wise, a Techstars NYC company, now powers over a thousand modern businesses.
FinSMEs
30/04/2020