Cheese launches digital banking platform for Asian communities
Cheese, a US digital banking platform targeting Asian communities, has launched with a pledge to donate $100,000 to nonprofits and community service programmes in support of Asian neighbourhoods and businesses hit by violence and economic hardship during the pandemic. Cheese has raised $3.6 million in seed funding from lead investors Ifly.vc and Amplify with additional participation from Adam Nash, former CEO of Wealthfront and Zillow co-founder Spencer Rascoff.
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