FinTechFunding

Common: Raises $20M In Funding

Common Raises $20M In Funding

  • Common, a NYC-based community management platform for DAOs, raised a $20M funding round
  • Backers included Spark Capital, Polychain, and a group of strategic investors
  • The company intends to use the funds to expand end-to-end functionality and decentralize the platform
  • The company is an all-in-one platform for on-chain communities to discuss, vote, and fund projects together
  • Users can create a DAO and deploy governance contracts without coding
  • From there they can utilize crypto-native forums and chat to discuss new ideas
Previous article
Aguia Resources: Receives first results from Andrade
Next article
XTEK: Receives $9.5m order from undisclosed customer
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...
FinTech

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...
FinTech

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...
FinTech

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...