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Apruve to Bolster Sales Team with $6M in Series A Funding

Friday, Jan 25 2019
News
Written by  FinTech News Brief Staff

Fintech startup Apruve Inc., from Minneapolis, pulled in $6 million in Series A funding, with contributions from Cloud Apps Capital Partners, TTV Capital of Atlanta and Allegis Capital of Palo Alto. So reports The Star Tribune.

Apruve helps companies remove accounts receivable from their sheets with its platform allowing third-party underwriters to take on monetary risk and collect invoices for them. The company’s platform works most efficiently for businesses that take orders from the same customers repeatedly. The funding is set for staffing and to help accelerate sales.

Read the full article from The Star Tribune.

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