LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally
Tally closed in August, citing insufficient funding as the primary reason for its shutdown.
Tally closed in August, citing insufficient funding as the primary reason for its shutdown.
Our pick of the top fintech news stories this week includes Scotiabank, Tally, Experian and more.
The fintech had previously secured $80 million in Series D funding in 2022.
The round was led by Sway Ventures with participation from Menora Mivtachim, an Israeli insurance firm.
Tally is not a cryptocurrency, because it’s linked to a tangible asset.
The solution will help Tally’s compliance to industry requirements.
Series B funding led by Kleiner Perkins.