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Productfy Secures $16M via Series A Funding, Unveils Card Issuance as a Service

Productfy has secured $16 million in capital via a Series A round. The company has also announced Card Issuance As a Service. ....

Envestnet Yodlee , Josh Hofer , Vagan Khranyan , Stearns Bank , Service Baa , Stearns Bank National Association , Card Issuance Asa Service , Managing Partner , Chief Risk , Information Security Officer ,

Productfy raises $16M to build the 'Shopify of embedded finance' – TechCrunch

Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. Existing backers Point72 Ventures, 500 Startups and Envestnet | Yodlee also participated in the financing, which brings its total raised since its 2018 inception to nearly […] ....

Envestnet Yodlee , Josh Hofer , Vagan Khranyan , Stearns Bank , Stearns Bank National Association , Productfy Inc , Image Credits , Know Your Customer ,