Braavo raises $6M for its app financing business

Braavo, a startup that provides financing to mobile app developers, is announcing that it has raised $6 million in Series A funding.
The might not seem like much compared to the $70 million that Braavo announced raising last year, but that was debt financing, used to loan money to developers. This new round is equity financing, used to fund Braavo’sown operations and growth.
Co-founder Mark Loranger told me Braavo was founded in 2015 in response to the “new dynamics” of mobile