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Verituity Raises $18.8M for Expansion and Partners with Mastercard Move for Modernizing Disbursements
Contract Type
partnership
Description
Verituity has successfully closed an $18.8 million funding round led by Sandbox Industries and Forgepoint Capital, with the participation of other investors. This capital infusion will accelerate the company’s growth in banking and insurance and facilitate its expansion into new markets, including mortgage servicing and energy. Additionally, the company has announced a partnership with Mastercard Move to modernize disbursements and remittances, offering a white-label solution for commercial banks and payers.
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Agreement Insights
What this usually meansVerituity signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.
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