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Arc wants to build the de facto finance solution for SaaS startups


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 …

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