Capstack, a Miami, FL-based provider of an integrated operating system for banks, raised $6M in Pre-Seed funding.
The round was led by Fin Capital with participation from Alloy Labs, Rex Salisbury’s Cambrian Ventures, Cowboy Ventures, Future Perfect Ventures, Gaingels, Selah Ventures, Uncorrelated Ventures, and Valor Equity Partners. Logan Allin, Founder and Managing Partner at Fin Capital, joined CapStack’s board.
The company intends to use the funds to expand operations and its business reach.
Founded by Michal Cieplinski, CEO, and also led by CTO Tzvika Perelmuter, CapStack is building an integrated operating system enabling cooperation across banks and financial services institutions in order to increase profitability and asset diversification. The platform aims to address key gaps around loan and deposit exposure, portfolio diversity, and profitability for banks.
FinSMEs
13/07/2023