Fragment announced a $12M Series A round led by FirstMark Capital, with participation from BoxGroup and a list of individual investors the author thanked. The company describes its work as automating commerce, saying it removes the difficulty of building the financial systems that run businesses. The author states that millions of businesses have not been invented yet, not for lack of imagination but because those financial systems are too hard to build. The post also credits a Fortune article by @c_grigera and guidance from @samdblond.

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