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
Commercial Solar is a big investment, but not an overwhelming one
Solar offers a significant economic benefit for commercial property owners while also positively impacting the environment and offering a path to compliance for new municipal requirements like Energize Denver. A local, experienced solar installer will help you navigate the complexities of commercial solar to achieve financial success for your project.
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!