Thursday, April 14, 2022

Welcome Tech Raises $30M More

Los Angeles-based Welcome Tech, a startup that provides financial tools and services to immigrant families, has raised $30M in a new funding round, the company said this morning. The funding came from existing investors TTV Capital, Owl Ventures, SoftBank Group Corp's SB Opportunity Fund, Mubadala Capital, and Next Play Capital. The company said the funding comes on top of an earlier, $35M Series B funding roudn in April of 2021, and brings its total funding to $70M in total. Welcome Tech's primary platform is SABEResPODER, which provides digital wallet and banking services for the immigrant community. More information »