Albert, a FinTech that focuses on financial wellness solutions, has raised $100mn.
In Brief:
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The Series C round was led by General Atlantic.
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It also saw investment from Alphabet’s CapitalG, Portag3 and QED.
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It has raised $173mn in total so far.
What does this mean?
Albert says it aims to improve the “financial health” of its customers by enabling them to save more easily through automation, and learn about investing and general money management.
It will use the fresh funds to improve its product offering.
