Ellis raises $5.6M to pave the way for international students

Almost anyone who has moved to a new country knows that setting up the basics, like a bank account, are the hardest tasks to do. That’s why Ellis was created for international students planning to study in the U.S. Before they arrive, they can open a debit account with Ellis’ neobank and sign up for a 5G cellphone plan, too. The startup is also working on a product to be a co-signer on leases.

Ellis announced today it has raised a $5.6 million seed round led by Kindred Ventures, with participation from Castle Island Ventures, 20VC, Dreamers VC and V1.VC.

Read more: TechCrunch