Sustainable fintech startup Crux has raised $18.2 million in Series A funding to support its platform for transferable tax credits for clean energy projects. The platform was launched in January 2023 and currently has over $8 billion worth of credits available for sale. The funding will be used to expand the team, increase transaction volumes, and launch new products. Crux is already working with more than 100 partners including project developers, tax credit buyers, banks, and tax advisors.
Crux: $18M Boost to Sustainable Fintech, Revolutionizing Clean Energy Tax Credits.
Latest from News
Nu Holdings thrives with growth while mitigating risks in fintech.
TLDR: Key Points: Fintech sector experiencing growth and risks Nu Holdings stands out with aggressive growth strategy In the fintech sector, where significant fluctuations
Swiss FinTech nSave raises $4m to boost financial inclusivity.
TLDR: Swiss FinTech nSave has secured $4m in seed funding to support financial inclusivity. The funding round was co-led by Sequoia Capital and TQ
F|T: WondrerFi goes global with Australian crypto license
Article Summary TLDR: Key Points: Canadian startup WonderFi acquires Australian crypto trading license for international expansion. Rails raises $6.2M for decentralized FTX alternative. In
Black Banx revolutionizes digital banking with Fintech-Techfin fusion and inclusivity.
Article Summary TLDR Key Points: Fintech and Techfin bring innovation to the financial services industry Black Banx is a notable player in the digital
Paytm denies layoffs despite SVP resignation at fintech company.
TLDR: Praveen Sharma, SVP of business at Paytm, has resigned to pursue other opportunities. Paytm denies reports of significant workforce reduction and is focused