Fintech startup CULedger raises $8.5M
DENVER — A startup that provides distributed-ledger technology for credit unions has raised $8.5 million.
The Denver Business Journal reports that CULedger, based in Denver, has raised the funds out of a Series A funding-round target of $10 million.
CULedger includes as an investor Credit Union Strategic Partners, a for-profit subsidiary of Mountain West Credit Union Association. CULedger spun out of Credit Union National Association in June 2017.
SPONSORED CONTENT
The company’s technology is similar to blockchain and is aimed at stopping fraudulent transactions.
DENVER — A startup that provides distributed-ledger technology for credit unions has raised $8.5 million.
The Denver Business Journal reports that CULedger, based in Denver, has raised the funds out of a Series A funding-round target of $10 million.
CULedger includes as an investor Credit Union Strategic Partners, a for-profit subsidiary of Mountain West Credit Union Association. CULedger spun out of Credit Union National Association in June 2017.
The company’s technology is similar to blockchain and is aimed at stopping fraudulent transactions.
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
A trio of Boulder startup scene veterans is reviving the local Techstars accelerator program, which…
-
Vectorize, an AI-powered data integration startup, has raised $3.6 million in seed funding led by…
-
Louisville-based online used bike retailer The Pro’s Closet will ride off into the sunset, announcing…
-
Owners of a new store just north of downtown Loveland hope to provide a variety…