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HomeBig DataSoftBank and celebrities again funding for faith-based app

SoftBank and celebrities again funding for faith-based app

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By Elizabeth Howcroft
LONDON (Reuters) – A Christian worship and meditation app, Glorify, raised $40 million from buyers together with SoftBank, enterprise capital agency Andreessen Horowitz and actuality TV star Kris Jenner, the corporate mentioned on Thursday.
Based within the UK in 2020, the app offers faith-based meditation to subscribers through inspirational quotes, worship routines and quick Bible extracts.
Whereas the quantity raised is small in comparison with the hundred-million-dollar sums frequently invested by main funds in rising corporations, Glorify is considered one of plenty of Christian apps which have grown lately, tapping mainstream financing sources.
The app has round 250,000 each day customers, principally in the US and Brazil.
The fund elevating was led by Andreessen …

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