The Fibabanka-backed financial education provider has doubled its overall funding to $40m in a convertible note round.
Invstr, a UK-headquartered financial education provider backed by financial services firm Fibabanka, has completed a $20m series A round consisting of convertible note financing, TechCrunch reported yesterday.
The participants in the round were not disclosed but TechCrunch stated the company has previously secured a total of $20m across two seed rounds, from Fibabanka subsidiary Finberg, Ventura Capital and angel investors Jari Ovaskainen and Rick Haythornthwaite.
Founded in 2013, Invstr runs an online platform that has been downloaded more than 1…
