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Monday, May 18 2020
FinTech News Brief Staff
Fintech Vennfi closed a $1.1 million pre-seed round of funding to grow its Charityvest platform aimed at giving businesses and individuals an avenue to create “free tax-deductible charitable giving funds.” So reports Yahoo! Finance.
Through the platform, users will be able to donate stock or cash into their personal funds and keep track of their activity with a consolidated tax receipt. Further, the company also invests aggregated balances into “low-risk” vehicles such as banks, which it claims will have economic benefits.
Read the full article from Yahoo! Finance.