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Digital Banking Startup Loot Raises $2.9M Series A

December 15, 2017

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.

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