Digital investment service platform InvestiFi completes $20 million financing, led by Vibe Credit Union

According to ThePayPers, the digital investment service platform InvestiFi has completed a $20 million financing round, led by Vibe Credit Union, with participation from several U.S. credit unions including BankTech Ventures, ICCU (Idaho Central Credit Union), United Financial Credit Union, and Coastal Credit Union.

InvestiFi enables traditional financial institutions to directly offer cryptocurrency trading, as well as investment services for stablecoins, stocks, ETFs, etc., within their existing online banking systems, allowing users to invest directly through checking or savings accounts without the need to transfer funds between bank accounts and external brokers or crypto platforms. The new funding will be used to scale the platform.