Tech Company Financing Transactions
Wallit Funding Round
BlueIO, BoxOne Ventures and Mendoza Ventures participated in a $2.6 million Seed funding round for Wallit. The round was announced on 9/17/2019.
Transaction Overview
Company Name
Announced On
9/17/2019
Transaction Type
Venture Equity
Amount
$2,600,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand its core product, drive sales and marketing initiatives and increase channel partnerships.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
90 Bridge St. 300
Westbrook, ME 04092
USA
Westbrook, ME 04092
USA
Phone
Website
Email Address
Not Recorded
Overview
Wallit is a smart digital wallet and money app for families with teens. We're pioneering the platform-as-a service delivery model for processing the $200B kids are earning, saving and spending annually in the U.S. Wallit sells branded, financial technology solutions and marketing services to banks and credit unions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Vien
Chief Technical Officer
Chris Williams
VP - Operations
Allyson Ray
VP - Product Management
Ani Malkani
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