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Fintech Fundid was shut down over interest rates and a strained cap table

To keep going, Fundid “needed to put up a lot more collateral because of the changing environment,” Stefanie Sample said.

6:20 am PDT • April 23, 2024
Fintech Fundid was shut down over interest rates and a strained cap table

Fundid has a three-pronged approach to simplifying access to capital for small businesses with fewer than 10 employees.

Fundid injects first funding into providing capital, credit for small businesses