Tampa financial services firm raises $5M through promissory notes

Tampa-based financial services firm AtlasClear Holdings Inc. has raised $5 million in financing by issuing promissory notes to investors and board members, according to a company announcement released Wednesday. 

AtlasClear Holdings announced Sept. 17 that it secured $3 million in funding. Wednesday’s announcement heralded the final $2 million needed to complete the company’s financing round. 

Sandip Patel, a corporate attorney and member of the company’s board of directors, led the final closing with a $1 million investment and will now join AtlasClear Holdings as its chief financial officer and general counsel.