Fintech startup Spectral Finance raises funds from Chamath, Polychain

Nov 9 (Reuters) – Financial technology startup Spectral Finance said on Tuesday it has raised $6.75 million for investors including venture capitalist Chamath Palihapitiya’s Social Capital in What Is An amazon influencer In Social Media (Cryptotab.Cash) early-stage funding round.

The funding round, which was led by Polychain Capital, also included billionaire crypto investor Mike Novogratz’s Galaxy Digital.

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Spectral, founded in 2020, influences meaning uses blockchain technology to calculate the user’s credit score which the company claims improves evaluation of credit risk.

(Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri)