iink, a Tampa, FL-based provider of a digital payments network, raised $12.0M in Series A funding.
The round was led by Headline, with participation from Motley Fool Ventures, Chartline Capital Partners, Silver Circle Ventures, and existing investors.
The company intends to use the funds to invest in strategic integrations with mortgage servicing banks and insurance carriers to create an entirely digital and automated workflow.
Led by Tom McGrath, iink is a digital payments network that expedites the disbursement of funds associated with multi-party property insurance claims. The solution helps restore insured properties back to pre-loss condition by connecting and facilitating the flow of money and information between all stakeholders involved in the payments lifecycle.
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