Fintech company Newity has successfully raised $11 million in a strategic funding round aimed at transitioning small business lending to the blockchain. The round was led by CMT Digital, a subsidiary of CMT Group, with participation from both private and institutional investors. This marks Newity's inaugural funding round, which commenced in late 2024 and is set to conclude in December 2025. The funding utilizes a Simple Equity in the Future (SAFE) structure, though details on Newity's valuation and any board or advisory positions for investors remain undisclosed.
Newity Secures $11 Million to Transition Small Business Lending to Blockchain
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