Ascend 30M Series Ventures 250Mhalltechcrunch

Company NameFund RaisedLed ByCEO/Co-FounderValuation
Ascend $30MIndex Ventures, XYZ Ventures, NFP, HSCM Bermuda  Andrew Wynn$400 M+

Ascend is expanding BNPL (buy now pay later), raising $30 million in a series A funding round. Hudson Structured Capital Management lend a $250 million finance load to Ascend.

Also, read Jellyfish Bags $71M Series C by Accel, Tiger Global, Insight Partners

CEO Andrew said that this round accelerates the expansion of BYPL, financing, and collectibles. Distributed Ventures, HSCM Bermuda, NFP joins the board of directors.

The new round in September raises $5.5 million that help in tech upgradation.

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