Loading...
Loading...
Browse all stories on DeepNewz
VisitSetPoint Secures $31M in Series B Funding to Revolutionize Credit Infrastructure
Aug 13, 2024, 01:39 PM
SetPoint, a prominent player in the credit infrastructure industry, has successfully raised $31 million in its Series B funding round. The funding was led by major investors, including Wells Fargo, Citi, 645 Ventures, and Andreessen Horowitz. The company aims to revolutionize the outdated infrastructure of the credit system, which is crucial for capital markets. SetPoint's CEO, Stuart Wall, expressed that this funding will propel their mission to build advanced technology infrastructure. The company is noted for its efficient growth and targeting a large underserved market.
View original story
Markets
No • 50%
Yes • 50%
Official announcements from SetPoint or the financial institution involved
No • 50%
Yes • 50%
Official announcements from SetPoint or financial news outlets
Yes • 50%
No • 50%
Official announcements from SetPoint or news outlets
Under 5% • 25%
Over 20% • 25%
10% to 20% • 25%
5% to 10% • 25%
Industry reports and market analysis from financial institutions or research firms
Over $2 billion • 25%
Under $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
Official financial reports from SetPoint or financial news outlets
JP Morgan • 25%
Other • 25%
Goldman Sachs • 25%
Morgan Stanley • 25%
Official announcements from SetPoint or financial news outlets