Stackin, a US startup that helps shoppers navigate the crowded fintech area, has raised a $12.6 million Sequence B funding spherical led by Octopus Ventures.
The corporate, which counts a million subscribers to its service within the US, is presently making ready for launch within the UK. The agency says its intention is to be the “easiest entry level into finance” for millennials
“For these of us dwelling in huge cities, uncovered to a lot of promoting, it is simple to neglect that enormous components of the inhabitants are unaware of the vary of economic providers obtainable to them, usually these with higher service and superior value,” says Marieke Christmann, principal at Octopus Ventures. “Stackin’s mission is all about rising entry to monetary merchandise and it is clear that this has resonated with thousands and thousands within the US throughout a broad demographic.”