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M1 Finance raises $33M Series B as it reaches $1.45B AUM

June 10, 2020

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Today M1 Finance, a Chicago-based fintech startup focused on consumer finance, announced that it has closed a $33 million Series B. Left Lane Capital led the round, with participation from Clocktower Technology Ventures and Jump Capital. The firm has raised around $54.5 million to date. M1 Finance caught TechCrunch’s attention earlier in the year when it crossed the $1 billion assets-under-management (AUM) mark. When TechCrunch learned of its impending Series B, we wanted to know how fast the company was adding to its AUM total, and how its efficiency was…

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M1 Finance raises $33M Series B as it reaches $1.45B AUM

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