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Congrats to the team at Cover on closing their A Round. FinTech Collective has used the app numerous times and enjoys the friction free payment service.
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Cover wants to facilitate the process of paying your check at the end of the meal, removing friction and encouraging more restaurants to accept mobile payments. To get more restaurants — and users — signed up, the company just raised a $5.5 million Series A round of financing led by Spark Capital. The new round follows $1.5 million in seed funding that Cover had raised last spring.
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