Moven Raises $8M in Series A Funding
Summary
According to a blog post, Moven, a NYC-based free debit card and app that keeps track of users’ spending, raised $8m in Series A funding.The company intends to use the funds to invest in the product with new features and tools and add strategic partners worldwide.Led by Brett King, Moven provides a free debit card, contactless payment sticker and mobile app that give instant feedback with every purchase they make.The Moven card is issued by CBW Bank, member FDIC, pursuant to a license from MasterCard International.Moven closes Series A investment round, raising $8M, led by SBT Venture Capital (@sbtvc).
Funding
Amount
$8.0M
Total raised
Date
July 2, 2014
Announcement date
Investors
-
Lead investors
Company
http://moven.com
Funded company
Classifications
industries
HealthTech
applications
Time Accounting
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