{"id":2702,"date":"2022-09-02T15:30:16","date_gmt":"2022-09-02T15:30:16","guid":{"rendered":"https:\/\/regtechafrica.com\/healthcare\/?p=2702"},"modified":"2022-09-02T15:30:16","modified_gmt":"2022-09-02T15:30:16","slug":"global-healthcare-fintech-start-up-nitra-lands-62m-seed-round","status":"publish","type":"post","link":"https:\/\/regtechafrica.com\/healthcare\/global-healthcare-fintech-start-up-nitra-lands-62m-seed-round\/","title":{"rendered":"Global: Healthcare fintech start-up Nitra lands $62m seed round"},"content":{"rendered":"<div id=\"mainContainer\" class=\"__reading__mode__extracted__article__body\">\n<div class=\"columns small-12 single-post-content_text-container\">\n<p class=\"first_paragraph\">New York-based healthcare fintech Nitra has raised $62 million in a mix of equity and debt capital.<\/p>\n<p>Investors in the seed round include Andreessen Horowitz (a16z), New Enterprise Associates, Pantera Capital, KB Financial Group, Jerry Yang\/AME Cloud Ventures and Will Smith\u2019s Dreamers VC, among others. Miami-based VC firm CoVenture is providing the debt facility.<\/p>\n<p>Nitra says the new capital will be put towards accelerating the company\u2019s growth, launching new products and scaling its team.<\/p>\n<p>The funding will help the fintech launch its first product, a Visa business card for the healthcare industry that will allow physicians to earn unlimited rewards on common expenditures such as medical and surgical supplies, office and business spend and dining, with no annual fee.<\/p>\n<p>Nitra says its offering is underpinned by spend management, business analytics and reconciliation software and it aims to expand its products to address the needs of doctors and their practices.<\/p>\n<p>Jonathan Chen, founder and CEO of Nitra, says the company\u2019s goal is \u201cto help doctors better manage their practices and better focus on their patients\u201d.<\/p>\n<p>Founded in 2021, Nitra\u2019s leadership team consists of executives formerly from Amazon, American Express, Facebook, Citi and PayPal.<\/p>\n<div id=\"attachment_15257109\" class=\"wp-caption alignright\"><img data-recalc-dims=\"1\" height=\"180\" width=\"168\" decoding=\"async\" class=\"wp-image-15257109 c008\" src=\"https:\/\/i0.wp.com\/www.fintechfutures.com\/files\/2022\/08\/Nitra-card-168x180.jpg?resize=168%2C180&#038;ssl=1\" srcset=\"https:\/\/www.fintechfutures.com\/files\/2022\/08\/Nitra-card-168x180.jpg 168w, https:\/\/www.fintechfutures.com\/files\/2022\/08\/Nitra-card-93x100.jpg 93w, https:\/\/www.fintechfutures.com\/files\/2022\/08\/Nitra-card-280x300.jpg 280w, https:\/\/www.fintechfutures.com\/files\/2022\/08\/Nitra-card.jpg 500w, \" alt=\"Nitra card\" aria-describedby=\"caption-attachment-15257109\" \/><\/p>\n<p id=\"caption-attachment-15257109\" class=\"wp-caption-text\">Nitra\u2019s first product is a Visa business card<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"__reading__mode__content_end_mark_container_id\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York-based healthcare fintech Nitra has raised $62 million in a mix of equity and debt capital. Investors in the seed round include Andreessen Horowitz (a16z), New Enterprise Associates, Pantera&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[73,72],"tags":[],"class_list":["post-2702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global","category-startup"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/regtechafrica.com\/healthcare\/wp-content\/uploads\/2022\/09\/Nitra_Logo.jpg?fit=2000%2C1047&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/2702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/comments?post=2702"}],"version-history":[{"count":1,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/2702\/revisions"}],"predecessor-version":[{"id":2706,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/2702\/revisions\/2706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/media\/2705"}],"wp:attachment":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/media?parent=2702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/categories?post=2702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/tags?post=2702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}