Newity Raises $11 Million To Build Blockchain Lending Platform For Small Businesses

Newity Secures First Funding Round To Advance Digital Lending PlatformNewity just pulled in $11 million in fresh funding—their first outside money since they started up in 2020. They’re using this cash to speed up work on their blockchain-based lending platform, which targets small businesses all over the U.S.CMT Digital led the round, and a mix of private and institutional investors jumped in, too. Newity says this funding pushes them into the next phase of building out their lending infrastructure, includ ...