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Clerq raises $12m in Series A funding

New York based pay by bank checkout startup raised $12m in Series A funding led by 645 Ventures.

“While many companies aim to introduce new payment methods into existing industries, often unsuccessfully, Truett and Ben developed a deep understanding of the payment challenges of automotive dealerships and developed a product that has been a game-changer for both dealers and their end customers. We’re excited to partner with them as they scale this platform within the automotive industry and into new industries, driving meaningful account share and creating significant value for their customers.”

Tags

banking, payments, auto, dealerships