Fidelity makes first acquisition in 7 years, snapping up fintech Shoobx

Investment giant Fidelity announced today that it has acquired Shoobx, a venture-backed fintech startup, for an undisclosed amount. Jason Furtado and Stephan Richter founded Boston-based Shoobx in 2013, according to Crunchbase. The pair went on to raise a known $10 million in funding for the company with investors such as Austin-based Scout Ventures and Steve […]

Fidelity makes first acquisition in 7 years, snapping up fintech Shoobx by Mary Ann Azevedo originally published on TechCrunch