SoftBank Vision Fund 2 led a round valuing the money management platform developer at $1.5bn, four months after its series D.
US-based financial management app developer M1 Finance secured $150m yesterday in a series E led by internet and telecommunications group SoftBank’s Vision Fund 2.
The round, which was backed by undisclosed existing investors, valued the company at $1.5bn and increased its total funding to over $300m, it said.
M1 operates an online app that provides investment, lending and card payment services. It manages over $4.5bn of assets and will deploy the new funding by building new products and features as…
