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Thread Bank’s $30.5M funding round to support innovation, efficiency, CEO says

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Thread Bank has raised $30.5 million in a funding round to support the digital bank’s growth.  “This additional funding will enable Thread to continue to scale, grow new and existing partnerships, and continue to be a leader in the embedded banking market,” Thread Chief Executive Chris Black told FinAi News. “Underpinning each of these objectives is a requirement for innovation, efficiency and transparency.”  “Thread’s usage of AI — and that of the […]

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Whitney McDonald

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