Clearbanc Raised $1bn of Capital to Fund Startups

Clearbanc has raised $1bn in capital to help fund startups; they provide a loan with a 6 percent interest rate and repayment is done through taking a portion of the startup’s revenue; Clearbanc uses payments data and Facebook ad conversions to see if they want to make an investment into a company; the company raised money from CoVenture, Upper90 and Social Capital. Source

Please enable JavaScript in your browser to complete this form.

Get Fintech Smart(er)

Join 15,000+ professionals in subscribing to the Fintech Nexus Daily Newsletter.

Fintech Nexus News logo