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Finnt
Family-focused banking app
- 1-20 employees
- Fintech
- B2C
- Banking
- Mobile
- Brickell, Miami, FL
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Company mission
To bring services and tools that can benefit the masses, and especially the most disadvantaged communities.
Our take
As crypto and blockchain financing becomes more and more mainstream, companies are finding ways to market the technology and decentralized banking opportunity to wider audiences. Finnt does this with its decentralized finance app for families, providing multi-user, high-yield savings accounts that can be used to grow crypto funds as family nest eggs.
With considerable seed funding from the likes of Y Combinator and Soma Capital, Finnt is definitely making waves. The problem will come in acquiring new customers who trust cryptocurrency enough to place their family savings within it. But with the high yield rates of Finnt, it is possible that more clients than expected are willing to put their eggs in the crypto basket.
Kirsty
Company Specialist at Welcome to the Jungle
Company values
- People First - Finnt puts people at the center of who it is and what it does at Finnt.
- Transparent - Finnt builds with the utmost transparency for its customers and partners.
- Compliant - Finnt believes that compliance is not a feature but ground value.
- Great - Finnt aspires to be the best at what it does and does it in the best way possible.
Funding (2 rounds)
May 2022
$3.5m
SEED
Jan 2022
$0.6m
SEED
Total funding: $4.1m
This company has top investors
Leadership
Faouzi Elyagoubi
(CTO)Currently Director of Engineering at OVAVI. Previously Co-Founder and CTO at DOZ.
Anji Ismail
(CEO)Currently Business Angel Investor. Previously Limited Partner at 2-34 & CO, Direct of Product at Welcome, and Co-Founder at Varanida.