The brothers behind the success story of Stax Payments are back in the spotlight with an equally promising project: Worth. Designed to simplify subscriptions for fintechs, banks, and SMEs, this new fintech recently closed a funding round of $20 million. Despite a tense economic climate, their initiative stands out for its ambition to revolutionize the medium-sized business financing sector.
The triumphant return of the founders of Stax Payments
The founding brothers of Stax Payments mark their return to the fintech scene with an innovative strategy and new ambitions. Their latest initiative, a significant fundraising of $20 million, allows them to lay the foundations for a promising new venture. By leveraging their experience gained with Stax Payments, they are committed to revolutionizing the small and medium-sized enterprises sector by facilitating financial services for their benefit.
A new vision for fintechs
The new company, named Worth, focuses on improving access to banking services for SMEs. With the support of this new funding, the brothers aim to develop innovative banking services that meet the specific needs of small businesses, often overlooked by large banks. Worth aims to simplify loan approvals and the opening of bank accounts, making these services more efficient and secure.
Impact on the startup landscape and beyond
This powerful return highlights a growing trend among fintechs to target market segments neglected by traditional financial institutions. With the extensive experience of the founders and the financial support they have managed to mobilize, Worth is well positioned to play a defining role. To learn more about this new adventure of the brothers from Stax Payments, find all the information related to their groundbreaking fundraise.
