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Power Seed Round Includes $316M in Capital, Credit Line

Fintech infrastructure startup Power bolstered its coffers with $16.1 million in seed money and a $300 million credit line. So reports TechCrunch.

Power’s seed funding round was spearheaded by Fin Capital and Anthemis, and included participation from Financial Venture Studio, Plug & Play, Dash Fund and others. The company, which is developing a “full-stack credit card issuance platform,” is based in New York.

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