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News July 28, 2021

Eco Raises $60M in Funding

– Eco, a San Francisco, CA-based smart money company, raised $60M in funding. – The round was co-led by Activant Capital and L Catterton with participation from existing investors, including a16z Crypto, as well as new backers Lightspeed Venture Partners, LionTree Partners, Valor Equity Partners, and dozens of others. – The company intends to use the funds to accelerate its product roadmap to consolidate all financial tools into a single wallet.