Another digital banking startup has raised funding this week, this time to expand a current account offering aimed at students and millennials.
Loot, a startup begun in 2014 by founder Ollie Purdue — who was finishing up school at the time of the company’s founding — has raised £2.2 million, or about $2.9 million, in a Series A funding.
The company is looking to build products in lending and wealth management, according to reports of the round.