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Nearside raises $58m in Series B funding

San Francisco based online bank for SMBs raised $58m in Series B funding led by Valar Ventures.

“A trend I find really interesting is that the line between a business and an individual is getting blurrier as people are starting businesses whilst transitioning out of their current job,” Nguyen added. “We believe that during this crucial transition period, individuals are looking for easy and free business tools and checking accounts with debit cards that save them as much money as possible.”

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banking, smbs