UpStart Weekly Rundown - December 3, 2024

Cardless Bags $30M to Reinvent Co-Branded Credit Cards

Cardless, a fintech startup revamping co-branded credit cards for modern brands, has raised $30M in fresh funding. The company partners with sports teams and lifestyle brands to deliver tailored card programs, offering fans unique perks and rewards. With this funding, Cardless aims to expand its partnerships and scale operations to meet growing demand. The round underscores confidence in its mission to merge seamless technology with brand loyalty, creating a new generation of credit card experiences.

OpenYield Raises $7M to Democratize Bond Trading

OpenYield, a bond trading platform focused on increasing accessibility for retail investors, has secured $7 million in funding. The platform simplifies bond investments with tools that make institutional-level opportunities available to individuals. The fresh capital will fuel platform enhancements, user acquisition, and market expansion as OpenYield seeks to bridge the gap between retail and institutional bond markets, empowering more investors to diversify their portfolios.

Marg Finance Secures Funding to Expand Global Access to DeFi Lending

Marg Finance announced a fresh funding round aimed at enhancing its decentralized finance (DeFi) lending platform. With a mission to democratize financial access, the platform provides innovative tools for users to borrow and lend seamlessly across global markets. The investment will support Marg's push into underserved regions, product innovation, and scaling its user base while reinforcing its commitment to financial inclusion through blockchain technology.

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