iink, a digital payments network based in Tampa, Fla., announced it raised $12 million in a Series A financing round led by the global venture capital firm Headline in a round that included participation from Motley Fool Ventures, Chartline Capital Partners, Silver Circle Ventures and existing investors.
In an October 19 news release, the company, which expedites the disbursement of funds associated with multi-party property insurance claims, said the financing would allow iink to “…invest in strategic integrations with mortgage servicing banks and insurance carriers to create an entirely digital and automated workflow; This will allow restoration work to occur with greater ease and expediency.”