The savings assistance app developer boosted its overall funding to more than $63m in a $27.5m round featuring Citi Ventures and existing backer GV.
US-based finance management tool developer Digit secured $27.5m in series C funding on Monday from investors including Citi Ventures and GV, investment vehicles for banking group Citi and internet technology conglomerate Alphabet.
Venture capital firm General Catalyst led the round, which also featured Ribbit Capital, Freestyle Ventures, Financial Venture Studio and undisclosed other investors.
Digit has created a mobile app that connects to a user’s bank account, tracks their spending and puts a small amount of money aside each day…
