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Neobank Kinly targets Black consumers similar to Greenwood and CapWay. The company raised a $5 million seed round in November 2020 and a $15 million Series A in August 2021. Kinly’s launch marks the continued growth in “for us, by us” fintechs aimed at serving Black Americans through financial literacy and basic banking products.
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The post Kinly Raises $20 Million For New Black Banking App appeared first on The Plug.
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