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Stark Bank Sees Opportunity to Serve Brazil’s Crypto Startups

  • Stark Bank aims to serve Brazil's cryptocurrency startups.
  • The online-only bank plans to position itself as a banking provider for crypto startups, as traditional lenders are still reluctant to support the sector.
  • Stark Bank works with 52 firms focused on digital currencies and blockchain technologies, providing payment processing and other services.
  • The bank raised $45 million in a Series B funding round, backed by Jeff Bezos, and aims to capture market share from traditional corporate banks in Brazil.

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