Wise raises $12 million for embedded business banking

Fintech startup Wise has raised a $12 million Series A round, TechCrunch reports. The company offers business bank accounts with an interesting go-to-market strategy. Wise  partners with other companies so that they can offer bank accounts to their own customers.

Leading today’s funding round is e.ventures,  with Grishin Robotics also participating. Seed investors Base10 Partners and Techstars are also investing again.

Read more: TechCrunch