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San Francisco based startup developing a tool to connect credit unions and community banks with fintech companies raised $12.4m in Seed funding led by Lightspeed Venture Partners.
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“We were investigating if there was an interest for banks to have a platform stack to work with fintechs,” Hazlehurst said. “Smaller banks and credit unions are reluctant to partner with fintechs because of a concern about regulatory compliance and being able to work with them.”
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