Lead Bank Closes Series B Fundraising Round
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6 Articles
FinTech bank Lead raises $70m in Series B
Lead Bank, a state-chartered institution that provides compliant banking infrastructure for top FinTechs and digital asset firms, has secured $70m in its Series B fundraising round. The round was led by new investors ICONIQ and Greycroft, alongside existing backers Ribbit Capital, Coatue, Khosla Ventures, Andreessen Horowitz, and Zeev Ventures. The fresh capital has pushed Lead Bank’s post-money valuation to $1.47bn. Lead specialises in building…
a16z-Backed Lead Bank Raises $70M Series B as Crypto Banking Infrastructure Demand Surges
Lead Bank closed a $70 million Series B funding round, reaching a $1.47 billion valuation as demand grows for compliant banking infrastructure serving cryptocurrency and fintech companies navigating complex regulatory requirements.The Kansas City-based bank attracted new investors ICONIQ and Greycroft alongside existing backers Ribbit Capital, Coatue, Khosla Ventures, Andreessen Horowitz, and Zeev Ventures, Lead said in a statement on Thursday. …
Lead Bank Raises $70 Million to Grow BaaS Platform
Lead Bank raised $70 million in a Series B funding round that brought its post-money valuation to $1.47 billion. The company is a state-chartered bank, offers a banking-as-a-service (BaaS) platform for FinTechs and digital asset companies, and provides full-service business and personal banking to clients across the U.S., according to a Thursday (Sept. 4) press release. In the release, Lead Bank said it became a strategic banking partn…
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