Boston-based Stavvy Raises $40M in Funding Round May 25, 2021 | Reprints | Print
Boston-based financial technology firm Stavvy has raised $40 million in a funding round and partnered with a Michigan-based lender as the fintech continues to build digital banking and lending platforms.
Stavvy said in a statement yesterday that it had raised the capital in a Series A funding round that was led by Morningside Technology Ventures, a private equity and venture capital investment firm based in Cambridge and Hong Kong. In raising over $40 million, Stavvy completed the largest ever Series A funding round for a New England-based financial, legal or property technology company, according to the statement.
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