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-0.00015679715674499 -0.0017247687241938 0 0.000888517221554323 0.0113416610045471 0.00872837505879886 0.00437289848255198 0.00350180316730261
Stock impact report

The sibling founders of Stax Payments are back with a new fintech and a $20M seed raise [TechCrunch]

Repay Holdings Corporation - Class A (RPAY) 
Last repay holdings corporation - class a earnings: 3/16 04:05 pm Check Earnings Report
Company Research Source: TechCrunch
It's a large seed round, especially these days when capital is harder to come by. But the founders' history may have something to do with that. Sal Rehmetullah and Suneera Madhani, who are siblings, also founded another fintech company, Stax Payments. They exited that startup after nearly 10 years when it was valued at “north of $1.1 billion,” said Madhani, after growing it to over $140 million in recurring revenue and raising $245 million in funding. (Stax still operates but the pair haven't been part of the business in over two years.) Now they're aiming to take their learnings from that experience to grow Orlando, Florida-based Worth , which they say is providing “frictionless” onboarding and underwriting for SMBs applying for credit-based products, loans, or financing. “Today, as a consumer you can apply for an Apple Card on your phone and use it minutes later at a coffee shop. It's instant and seamless. But if you're a small business applying for the same credit card, financ Show less Read more
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