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San Jose based banking-as-a-service platform that aims to build “DeFi for traditional finance" raised $16m in Series A funding led by CMVentures.
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“This is not something our competitors are built for,” Vo said. “Traditional banks will not last if they can’t decentralize.” (More on this topic later.)
https://techcrunch.com/2021/10/08/productfy-raises-16m-to-build-the-shopify-of-embedded-finance/
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