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Fintech Startup Eco Completes Over $26M In Funding, Led By A16z Crypto
Summary: Eco, a fintech startup announced that it has completed over $26 million in funding led by a16z Crypto. Coinbase Ventures, Founders Fund, Activant Capital, Slow Ventures, Tribe Capital and many other companies participated in the round. The new capital brings its total financing to over $35 million. Eco is an emerging financial technology company that ...
Eco, a fintech startup announced that it has completed over $26 million in funding led by a16z Crypto. Coinbase Ventures, Founders Fund, Activant Capital, Slow Ventures, Tribe Capital and many other companies participated in the round.
The new capital brings its total financing to over $35 million. Eco is an emerging financial technology company that integrates spending, transferring, depositing and earning features. It is supported by crypto technology and provides an interest-bearing bank account with crypto rewards and loyalty points.
Eco App has completed the alpha test. Users can enjoy an APR of 2.5% (up to 5%) on the balance, and up to 5% of cashback after spending at the merchants.
By Mary Liu
Tags: a16z,Activant Capital,APR,Coinbase Ventures,Eco,Founders Fund,Fund,Slow Ventures,Tribe Capital
Link: Fintech Startup Eco Completes Over $26M In Funding, Led By A16z Crypto [Copy]
