# Finnt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finnt

- Industry: Software
- Headquarters: Miami, US
- Website: www.finnt.com
- Total disclosed funding: $3.5M
- Latest round: Seed (May 25, 2022)
- Investors on record: 16

## About

Based in Florida, US, and co-founded by Anji Ismail (CEO) and Faouzi El Yagoubi (CTO) in 2022, Finnt operates as a fintech company offering an application for distributed families around the world. In May 2022, the firm raised USD 3.5 million in seed funding led by investor Untapped Ventures, with participation from other investors 305 Ventures, Diaspora Ventures, Franklin Templeton, Goodwater Capital, ISAI, Khosla Ventures, Kima Ventures, Leonis Partners, etc.

The company through its platform help users save more and spend less by providing tools for better money management and group savings. With download and signup of the firm’s mobile application users can open an account with Finnt, verify their ID to ensure security and prevent fraud, and invite their family and friends to join and develop healthy saving habits while earning a competitive interest rate of 4% APY on their savings. The company uses digital assets and blockchain technology to offer global joint and savings accounts to distributed families. Additionally, Finnt provides a Finnt Debit Card, accepted everywhere, allowing users to spend on online and in-store purchases by linking their bank accounts. Users can monitor all transactions in one place and categorize their spending to improve financial literacy.

The company plans to utilize its May 2022 funding for planning to develop web3 in the future and its growth.

## Funding rounds

- Seed, May 25, 2022, $3.5M — Khosla Ventures, ISAI, Kima Ventures, Y Combinator, Liyuan Venture Capital, Franklin Templeton, Leonis Partners, Goodwater Capital, Soma Capital Management, UpHonest Capital, Protocol Labs, Inc., Diaspora Ventures, Orange DAO, 305 Ventures, Untapped Ventures, w3b.vc

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed
- ISAI (https://capitalatlas.ai/funds/isai) — Seed
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Liyuan Venture Capital (https://capitalatlas.ai/funds/liyuan-venture-capital) — Seed
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Seed
- Leonis Partners (https://capitalatlas.ai/funds/leonis-partners) — Seed
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- UpHonest Capital (https://capitalatlas.ai/funds/uphonest-capital) — Seed
- Protocol Labs, Inc. — Seed
- Diaspora Ventures (https://capitalatlas.ai/funds/diaspora-ventures) — Seed
- Orange DAO — Seed
- 305 Ventures (https://capitalatlas.ai/funds/305-ventures) — Seed
- Untapped Ventures (https://capitalatlas.ai/funds/untapped-ventures) — Seed
- w3b.vc (https://capitalatlas.ai/funds/w3b-vc) — Seed