Snap Mobile acquires fintech company on heels of $90M funding round

Seattle-based Snap Mobile, the parent company of the fundraising platform Snap Raise, announced Tuesday it has acquired the Pasadena, California-based fintech company Groundwork. The news comes less than a month after Snap Mobile announced a $90 million funding round that co-founder and CEO Cole Morgan said at the time would help the company pursue acquisitions to expand its services. With Groundwork, Snap Mobile is gaining banking and financial management services. “Our goal at Snap Mobile is…