A startup just raised a big funding round. Here's what that money actually buys.

Originally reported as: “FinTech startup closes ₱1.5B Series B at higher valuation”

A growing startup announced it raised a large sum of money from investors in what's called a funding round. In exchange for that cash, the founders give up a slice of ownership in the company. Big funding rounds get celebrated as milestones, but they are really a bet by investors that the company will be worth much more in the future. The money is meant to fuel growth, like hiring, product development, or expansion, rather than to reward the founders directly.