Fintech company Tare completes $13.25 million seed round funding, led by Blockchain Capital

Financial technology company Tare has completed a seed round financing of $13.25 million, led by Blockchain Capital with participation from Janus Henderson, Strobe Ventures, the Venture Dept, Neoclassic Capital, and Avalanche Foundation. Individual investors include Aave CEO Stani Kulechov, Tether co-founder Phil Potter, and Privy CEO Henri Stern. The funds are used to build and expand loan management software, recruit employees, and obtain licenses for its loan department Tare Credit LLC to operate in the United States. (Source: Fortune Magazine)