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Newton, US-based financial services firm converting credit card limits into immediate cash, mainly for customers in Japan.
Founded in 2014 in Newton, US, Virtudent, Inc. offers credit card cash conversion, letting customers turn their credit card limits into cash quickly after a verification process. The service mainly serves individuals in Japan. Revenue comes from fees on each conversion. The company has raised a total of USD 8.00 mn, including a Series A round in July 2018 led by .406 Ventures alongside Sparta Group and SpringRock Ventures.
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