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Digital wallet start-up Eco lands $60m investment

July 30, 2021

The round also included participation from a16z Crypto, Lightspeed Venture Partners, LionTree Partners, and Valor Equity Partners, among others.

It comes just four months after the company launched its digital wallet app following a $26 million fundraise in March led by a16z Crypto.

The new funding takes its total raised to around $94.5 million, including the firm’s $8.5 million seed round led by Expa and Pantera Capital.

Eco provides a “Smart Money” digital wallet that rewards customers when they save, spend, or send money.

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