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News by FinTech Collective Archive

Arch raises $2.75m in pre-Seed funding

Sarah Wolter

January 20, 2023

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

lending

New York based lending platform raised $2.75m in pre-Seed funding led by Castle Island Ventures and Tribe Capital.

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"Arch doesn’t touch or reloan customer funds for any reason, "said Patel – an important distinction after liquidity issues took down crypto lenders BlockFi, Celsius Network and CoinDesk's sister company Genesis Global Trading.

https://www.coindesk.com/business/2023/01/18/fintech-firm-arch-starts-crypto-lending-product-raises-275m/

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