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Brankas, an open banking startup for Southeast Asian markets, is entering the new year with a $20 million Series B. The funding was led by Insignia Ventures Partners, with participation from returning investors Beenext and Integra Partners. Other backers included Visa (Brankas was a member of its 2021 Accelerator Program), AFG Partners and Treasury International, the venture capital firm led by fintech veterans including Jeff Cruttenden, co-founder of Acorns and Eli Broverman, co-founder of Betterment, also invested.
