San Francisco based B2B credit network raised $20m in a Series C extension led by MUFG Innovation Partners.
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B2B credit network Fundbox secures fresh investment from MUFG
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"We are pleased with how Fundbox’s advanced data science and technology capabilities have contributed to its superior portfolio performance, especially during COVID-19," says Akihiko Okamoto, managing director and chief investment officer for MUFG Innovation Partners. “Even in the face of these extraordinary economic conditions, the strength of the business has been impressive. Our team has great confidence in Fundbox.”
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