Fintech: Southeast News

Fintech Southeast News curated each weekday for Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee

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Posted October 12, 2021

 

A financial technology business co-founded by Stacey Abrams has secured $29 million, which it will use to expand its business and outreach.

Now Corp. announced on Thursday it is partnering with Brigade Capital Management and Virgo Investment Group. With Brigade Capital Management now managing about $29.5 billion in assets, Now's CEO, Lara Hodgson, says the firm can serve more customers and increase product offerings, according to AtlantaInno.

Now was founded by Abrams and Hodgson in 2010. The company helps businesses receive their due payments in a timely manner, Now's website says.


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