
There’s financial technology (fintech) companies out there targeting all sorts of different segments of the population, as well as companies at various stages of growth.
A new company recently emerged that is targeting a popular startup niche, wanting to exclusively help early-stage SaaS (software-as-a-service) companies with their financial needs.
Coming out of stealth today with $150 million in debt financing and $11 million in seed funding, Arc is building what it describes as “a community of premium software companies” that gives SaaS startups a way to borrow, save and spend “all on a single tech platform.” And it’s doing it as part of a partnership with Stripe, one of the world’s largest, and most …