|Company Name||Fund Raised||Led By||CEO/Co-Founder||Valuation|
|Ascend||$30M||Index 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.
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.