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Rho raises $15m in Series A funding

New York based digital banking platform raised $15m in Series A funding led by M13 Ventures.

“We decided to take commercial banking, the entity with few technologies and is the least connected, and bring it to the center of the business because all facets of a company have interactions with finances,” he said. “We are competing against the legacy banks in what we think is a new field where not many people are playing.”

Tags

banking, digital banking, new york