Paris-based fintech Spiko, which lets businesses earn interest on cash via government securities, has raised a $90m Series B led by NEA.
Spiko, a Paris-based fintech, has raised $90m in a Series B round led by New Enterprise Associates. Index Ventures and Speedinvest also participated in the round.
The company provides a service that lets businesses earn interest on their money through government-issued securities. This allows companies to put idle cash to work in a low-risk way.
The new funding will help Spiko scale its offering and reach more business clients.
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