September 2

FV Bank Raises $8 Million Series A Funding


FV Bank, a digital bank with a focus on digital assets, has raised $8 million in a Series A funding round according to a company release. The funding will be utilized to launch a digital asset custody solution, a debit card along with international expansion.

The funding round was led by BnkToTheFuture, Decentralized Ventures, NFG Fund, CCIX Global, Zenrain Technology, and Satvat, delivering a post-money valuation of $48.9 million.

Photo courtesy of Xresch.

Source: Crowdfund Insider (link opens in a new window)

Finance, Technology
digital banking, financial inclusion, fintech, funding, technology