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Bump raises $3M seed to help creators manage finances
Bump allows creators to track income and market value, which can help them negotiate better deals and see how much money they are owed from partners.
Jones, an entertainment lawyer, noticed his father often worried about keeping track of the money he collected while performing at church and artists and influencers were often complaining about the same things. “I also often had creators complain about the lack of ownership over their creative assets and how painful it was to get loans, mortgages, or generally create generational wealth opportunities for themselves and their families,” Jones told TechCrunch. He said Bump was up against numerous factors it simply couldn’t control, like a bear market and the lack of investor appetite for creator economy companies.
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