Boston fintech platform Stavvy raises $40m

Morningside Technology Ventures led the Series A funding round for the company, which is looking to aggressively grow.

Boston-based Stavvy, a fintech platform that focuses on conducting business virtually, has raised $40 million in Series A funding led by Morningside Technology Ventures. The company plans to use the funding to accelerate its growth, including hiring such key members as Shane Hartzler as chief strategy officer. Teh company was founded in 2019.

Source: Stavvy press release