Worth raises $30M for SMB onboarding platform

Fintech startup Worth has secured $30 million in Series A funding to enhance its platform for onboarding and underwriting small and medium-sized businesses. The company aims to refine its technology, introduce new 'Know Your Agent' frameworks, and deploy product updates. This funding will bolster Worth's capabilities in serving financial institutions, other fintechs, and payment providers by streamlining the complex processes involved in bringing new SMB clients onto their services. The investment underscores the growing demand for efficient and compliant solutions in the business onboarding space.