YieldClub Launches Simple Crypto Savings App Offering Up To 12% APY, Raises $2.5M Pre-Seed
Summary
YieldClub announced a $2.5 million pre-seed round and introduced a mobile app that makes DeFi savings easier for mainstream users. The app lets users earn up to 12% APY on stablecoins through a non-custodial platform. The company plans to use the new capital to support its public launch, expand yield options, improve cash-to-crypto conversion partnerships, and grow its product and engineering teams. YieldClub also plans to add a debit card and explore tokenized stock offerings for international users.
Funding
Amount
$2.5M
Total raised
Date
June 20, 2025
Announcement date
Investors
Morpho, HotelTonight, Kabam, The House Fund, Microsoft, Flex Capital
Lead investors
Company
yieldclub.io
Funded company
Classifications
industries
No industries detected
applications
Business Intelligence
AskAI Classifications
Labels
Mobile Apps
FinTech Software
Crypto Wallet Software
Linked Companies
YieldClub
up to $1M