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STL fintech startup raises $20M

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St. Louis-based financial technology startup FinLocker raised nearly $20 million in a funding round.

Cultivation Capital, a St. Louis venture capital firm, led the funding round, and Chicago credit reporting agency TransUnion (NYSE: TRU) also submitted an equity investment.

FinLocker, which helps users get approved for loans, also announced a commercial partnership agreement with TransUnion. Through the agreement, TransUnion clients would be able to use FinLocker’s technology and vice versa.

Read more from the St. Louis Business Journal.

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