Fintech Startup Frec Raises $26.4 Million in Funding

Emerging from stealth today, fintech startup Frec announced it has raised $26.4 million in seed and Series A funding led by Greylock, with participation from Social Leverage and others.

The company’s automated investment platform has the potential revolutionize personal finance by simplifying complex investment strategies, historically the domain of the super-rich, and making them accessible to the average investor.

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