Tech Company Financing Transactions

WeMoney Funding Round

WeMoney closed a $2 million Seed funding round on 10/2/2020. Investors included BetterLabs Ventures, Full Circle Venture Capital and private investors.

Transaction Overview

Company Name
Announced On
10/2/2020
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Proceeds Purpose
Their $2M fund raise, completed during the COVID outbreak, will enable the local startup to invest in their team while developing their tech, integrations and partnerships.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Level 2 23 Foster St
Surry Hills NSW, 2010
AU
Phone
Undisclosed
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
WeMoney LinkedIn Company Profile
Social Media
WeMoney Company Twitter Account
Company News
WeMoney News
Facebook
WeMoney on Facebook
YouTube
WeMoney on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Jovevski
  Daniel Jovevski LinkedIn Profile  Daniel Jovevski Twitter Account  Daniel Jovevski News  Daniel Jovevski on Facebook
Chief Technical Officer
Simon Mittag
  Simon Mittag LinkedIn Profile  Simon Mittag Twitter Account  Simon Mittag News  Simon Mittag on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/2/2020: Payrix venture capital transaction
Next: 10/2/2020: Pacaso venture capital transaction

 

Share this article

 


News on VC Transactions

Our team works diligently to record every notable VC transaction. All VC database entries on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary