Charlotte fintech startup Foro raises $4M for marketing, product enhancements


Charlotte-based fintech startup Foro has raised nearly $4 million in additional funding, according to a U.S. Securities and Exchange Commission filing.

Foro — which was created to make commercial lending more equitable — has various backers, including local leaders such as Hugh McColl Jr., former CEO and chairman of Bank of America Corp. (NYSE: BAC). Recurring investors who led its latest funding round include TTV Capital, Fin Capital, Correlation Ventures and AME Cloud Ventures. New investors…

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