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Klover's mission is to give everyone access to modern financial services by leveraging their most valuable asset, their data.
Klover offers users interest free cash advances as well as a growing range of financial services and budgeting tools on its free-to-use app. Rather than charging users a fee, Klover leverages their bank transaction data to tailor targeted advertising.
It’s worth keeping in mind that while Klover essentially pays users for their data, it does not share or sell personal information – a key factor in its model.
With heavy investment from Mercato Partners and the hiring of former Pinterest VP of Sales and Partnerships Meredith Guerriero, Klover is growing impressively, and has ambitions to one day become a full service online bank.
Steph
Company Specialist at Welcome to the Jungle
Nov 2022
$25m
SERIES B
Aug 2021
$60m
SERIES A
This company has top investors
Brian Mandelbaum
(CEO)Founded and was CEO of Clearstream.tv (acquired by Engine Group in 2015), then became Global CEO of re-branded EMX Digital. Is a <Managing Partner at Mayne Capital and Board Member at B2B insurance data and software company Fize. Former VP, Digital Strategy at Saatchi & Saatchi.
Dominic Bennett
(CTO)Co-founded EngageHD, which was acquired by Clearstream.tv in 2014, then became CTO of Clearstream. Spent six years at advertising services company Turn, including a spell as Senior Vice President, following seven years as VP, Analytics & Engineering at Claria.