Out Of Stealth: Meemo Banks On $10M Investment For Finance App
Summary
Saama Capital, Greycroft, Monashees and Sierra Ventures led the round with additional participation from Amit Singhal, Hans Tung and several former colleagues from Google and Snap. Madeira and Dakka were part of the veteran engineering team that worked on Google Search and helped found Snap’s San Francisco office. “It’s subconscious empowerment at any time.” Ash Lilani, managing partner at Saama Capital, said in a written statement that Meemo is poised to be a leader in the fintech space given Dakka and Madeira’s previous experience of building teams and viral products. “We are very excited to back Dakka and Madeira in their creation of a new age finance app at Meemo that will combine improved financial management with deeper social engagement for today’s generation,” he said. Now that the company is out of stealth mode, Madeira said Meemo can work on sharing its message and preparing to raise a Series A round of funding in the next few months.