Tech Company Financing Transactions
Power Financial Wellness Funding Round
Power Financial Wellness closed a $3 million Seed financing round on 2/14/2023. Investors included Bolt, DOB Equity and Norrsken Impact Accelerator.
Transaction Overview
Company Name
Announced On
2/14/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Proceeds Purpose
We focus on helping workers access affordable and appropriate financial services.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Kyuna Road, Lower Kabete, P.O. Box: 77708
Nairobi, 00508
KE
Nairobi, 00508
KE
Phone
Website
Email Address
Overview
Power is a platform dedicated to enabling holistic financial services to the online informal economy and the poorly served formal economy. We want to enable individuals to live their lives, reduce financial related stress, and take control over their financial well-being. We do this by working with regulated banking and lending partners to provide customers with tools to Pay, Save, Borrow, and Protect instantly and affordably and link directly to their sources of income to make the process frictionless.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian Dempsey
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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