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Cleo raises $80m in Series C funding

London based Gen Z-focused fintech startup raised $80m in Series C funding led by Sofina.

Speaking about the raise, Barnaby Hussey-Yeo, Founder and CEO of Cleo, said:“The vast majority of Gen Zers in the US are living from paycheque to paycheque. It’s harder than ever for them to get ahead - particularly as the price of everything continues to increase - and yet this audience continues to be neglected, or worse, exploited, by the traditional financial services industry.”