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Yet another Southeast Michigan financial technology company, focused broadly on addressing consumer financial wellness, has found success in the capital markets.Detroit-based Pocketnest Inc. has closed on $2.6 million in equity financing, which company executives say provides a 24-month runway to… ....
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Ann Arbor fintech startup Pocketnest lands new investment, expands customer base Jessica Willis An Ann Arbor-based financial technology company focused on helping consumers with their personal finance needs has closed on a new round of funding to help sustain its ongoing growth. Pocketnest Inc. announced late last week that it had closed on $500,000 in new growth capital, bringing its cumulative dollar amount raised to $1.2 million since 2018. The new funding was led by The Impact Seat, a management consulting firm in Boston, as well as Detroit-based venture capital firm ID Ventures, according to a news release. We believe in Pocketnest and its mission, and know that it will continue to make great strides in an industry that s craving disruption, Barbara Clarke, founder and president of The Impact Seat, said in the release. Pocketnest will surely change the way our new customer base thinks about finances and financial institutions. We re honored to be a part of ....