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Locality Bank'S Final Capital Raise Secures $35 Million To Empower Local Businesses In South Florida

Dec 03, 2021almost 4 years ago

Amount Raised

$35 Million

Fort Lauderdale

Description

Locality Bank has completed its successful capital raise netting a total of $35 million after increasing the maximum amount from $23 million in subscriptions for stock. The first shareholder meeting will be held Monday, December 13, 2021, and then on Wednesday, January 12, 2022, Locality Bank's digital application will launch.

Company Information

Company

Capital Raise

Location

Fort Lauderdale, Florida, United States

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech