Digital merchant bank Arc announced the completion of A $20 million Series A funding round led by Left Lane Capital

According to BlockBeats, on August 16, digital merchant bank Arc announced the completion of A $20 million Series A financing, led by Left Lane Capital, NFX, Y Combinator, Bain Capital Ventures, Clocktower Technology Ventures, Torch Capital and Atalaya participated. Arc was launched in January 2021 to provide debt financing and digital banking services to SaaS start-ups. Arc has a partnership with online payment service Stripe.