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A music fintech that helped Chance the Rapper release his work is handing $100 million in support to independent artists as coronavirus devastates touring

Business Insider Friday, 15 May 2020
A music fintech that helped Chance the Rapper release his work is handing $100 million in support to independent artists as coronavirus devastates touring· *Los Angeles-based music fintech Stem is providing up to $100 million in advances to musicians and artists who can't tour due to the coronavirus. *
· *The company, whose investors include record exec Scooter Braun, received requests for $18 million in advances just 24 hours after launching. *
· *"We're building financial...
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