Tech Company Financing Transactions
WeMoney Funding Round
WeMoney, based in Surry Hills NSW, scored $7 million in investment from BetterLabs Ventures, Full Circle Venture Capital and Dream Ventures.
Transaction Overview
Company Name
Announced On
7/12/2022
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
BetterLabs Ventures (Lead Investor)
Full Circle Venture Capital (Lead Investor)
Proceeds Purpose
We're super excited to announce our round of funding that will help WeMoney grow its business in Australia and help more Australians improve their financial health -- especially in this tough economic environment.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Level 2 23 Foster St
Surry Hills NSW, 2010
AU
Surry Hills NSW, 2010
AU
Phone
Undisclosed
Website
Email Address
Overview
Developer of a financial wellness platform intended to empower people to take control of their financial lives. The company's product leverages frontier behavioral science and artificial intelligence to guide the user towards informed and insightful financial choices and features credit score, bills and recurring payments tracking, auto-categorization, and smart alerts among other things, enabling individuals to save money and make better financial decisions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Jovevski
Chief Technical Officer
Simon Mittag
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