THE BLOCK: Navra, a fintech startup led by SoFi and Figure co-founder Mike Cagney, has raised $19 million in an oversubscribed Series A round led by Ribbit Capital, with participation from Baseline, DCM, Jump Crypto and Figure Technology Solutions.
Navra said it plans a limited rollout to retail and institutional customers in late October, with Figure as its first blockchain partner and white-label offerings to follow.