Stavvy raises $ 40 million in record Series A funding for New England

Boston-based fintech company Stavvy has raised $ 40 million in a Series A financing round to expand an “aggressive hiring initiative.”

Kosta Ligris and Josh Feinblum, co-founders of Stavvy

The group was led by Morningside Technology Ventures, a private equity and venture capital investment company based in Cambridge and Hong Kong.

Stavvy says it is developing platforms to “manage security risks, eliminate fragmentation, and achieve speed, efficiency and …

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