Eco Raises $60M in Funding Round

Eco raised $60 Million in Funding Round led by Activant Capital and L Catterton with participation from existing investors including a16z Crypto, as well as new backers Lightspeed Venture Partners, LionTree Partners, Valor Equity Partners, and dozens of others.

Eco is a San Francisco, CA-based smart money company,It’s one simple balance that lets you spend, send, save and make money at the same time.

The company intends to use the funds to accelerate its product roadmap to consolidate all financial tools into a single wallet.

About ECO Capital

Eco is backed by 150+ world-class investors, including Andreessen Horowitz, Founders Fund, L Catterton, and Activant Captial

Eco is the first consumer fintech product whose creators aligned with its users.

Financial infrastructure and business models haven’t changed meaningfully since the 1970s — but it’s time to start.

They have a new model — one where they don’t skim from us. One where theyare on the same team as us. A race not to the bottom, but to the top. And their vision is so much bigger than that. If you want to dive in the deep end, start by learning about why Eco is not a bank…

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Dislcaimer

this news and reviews blogs are only to educate, inform and deliver information to the public and is not an investment advice. Nothing should be taken as an offer to buy, sell or hold any cryptocurrency

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