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Earnin raises $125 million

Palo Alto, California-based Earnin, an app that lets people with a job and a bank account to get paid before their pay day, has closed a $125 million round of equity financing from DST Global, Andreessen Horowitz, Spark Capital, Matrix Partners, March Capital Partners, Coatue Management and Ribbit Capital. The a16z Cultural Leadership Fund also participated in the round.

[Image courtesy: Earnin]

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