Woveo Raises $2.3M

Fintech startup Woveo, which was originally founded in P.E.I. and is now headquartered in Calgary, has raised a $2.3 million seed round.
Woveo is a platform that lets users pool their money and take turns borrowing from the collective fund without paying interest in a process called rotational savings. The round’s investors included BKR Capital, which specializes in backing Black entrepreneurs,