# Fortú

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

- Industry: Financial Services
- Headquarters: Miami, US
- Website: www.fortu.com
- Total disclosed funding: $5M
- Latest round: Seed (Apr 29, 2021)
- Investors on record: 1

## About

Founded in 2020 and based in Florida, US, Fortú, Inc. is a financial technology company that develops and provides financial monitoring and digital banking solutions to individuals. CEO Mr. Charles Yim and CTO Mr. Apolo Doca co-founded the company to help the culturally contextual needs of over 60 million Latinos and Hispanics in the US. In April 2021, Valar Ventures led a USD 5 million Seed funding for Fortú, Inc.

The company develops a bilingual FinTech application that offers real-time transaction monitoring and a free FDIC (Federal Deposit Insurance Corporation) insured checking account for up to USD 250,000. LendingClub Bank provides Mastercard debit cards and other banking products for Fortú, Inc. to serve residents and foreign nationals in the US. The company enables individuals to deposit, withdraw, and benefit from bank-grade encryption against frauds.

Fortú, Inc. plans to use the April 2021 funding to create new technology jobs in Miami over the next few years and continue expanding its business and development efforts.

## Funding rounds

- Seed, Apr 29, 2021, $5M — Valar

## Investors

- Valar (https://capitalatlas.ai/funds/valar) — Seed