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Seattle Fintech Startup Upward Raises $8M, Partners with Mastercard to Expand Financial Product Offerings
Seattle fintech startup Upward, founded by former Remitly executives, raised $8 million and partnered with Mastercard to simplify the launch of financial products. The company targets underserved segments like independent workers and small businesses, processing over $10 million monthly and offering integrated payments, cards, and banking infrastructure.
Upward Raises $8M Series Seed+ Led by Dundee Venture Capital and Breakwater; Partners with Mastercard to Enable Fast-Branded Card Programs
Upward raised an $8 million Series Seed+ round co-led by Dundee Venture Capital and Breakwater Ventures Fund to accelerate its fintech infrastructure platform, and announced a strategic partnership with Mastercard to let customers launch Mastercard-branded card programs quickly.
