INSUBCONTINENT EXCLUSIVE:
TriplePoint Capital, according to a regulatory filing.The amount remains undisclosed, though I understand from sources that the figure is
Cleo declined to comment on the fundraising.However, sources tell me the need to raise debt financing is partly related to Cleo Plus, the
This has been more successful than was expected, seeing Cleo add 650,000 active United States users to date
The United States currently makes up more than 90% of new users now, too
Overall, the fintech claims 1.3 million users have signed up to the Cleo chatbot and app, with 350,000 active in the U.K.Accessible via
accounts and credit cards, broken down by transaction, category or merchant
In addition, Cleo lets you take a number of actions based on the financial data it has gleaned
This includes choosing to put money aside for a rainy day or specific goal, sending money to your Facebook Messenger contacts, donating to
charity and setting spending alerts and more.Meanwhile, alongside TriplePoint, Cleo is backed by some of the biggest VC names in the London
