MoCaFi
Latest round
- Series B
Last raised
- Dec 2022
Total raised
- $39M
Investors
- 16
About MoCaFi
Founded in 2015 and headquartered in New York, MoCaFi specializes in delivering financial services to underbanked populations.85 mn on December 7, 2022.MoCaFi provides a suite of financial technology services aimed at enhancing financial inclusion, particularly for underbanked communities in the United States. Their offerings include the MoCaFi Bank Account, a prepaid debit Mastercard, and a mobile banking app with 24/7 customer support.MoCaFi generates revenue primarily through partnerships with municipalities and financial institutions that utilize its platform for distributing financial assistance. Clients may engage MoCaFi for customized programs to manage mobile banking solutions like emergency rental assistance, leveraging the prepaid debit cards for user accessibility.85 mn, MoCaFi plans to use the capital to enhance product development and expand operations. The company aims to target additional municipalities and geographic regions for its services, enhancing its reach to more underbanked communities.
Who invested in MoCaFi
16 investors across 5 rounds
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Questions about MoCaFi
Who invested in MoCaFi?
MoCaFi has 16 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MoCaFi raised?
MoCaFi has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did MoCaFi last raise money?
MoCaFi's most recent round on record is a Series B, in Dec 2022.
What does MoCaFi do?
Founded in 2015 and headquartered in New York, MoCaFi specializes in delivering financial services to underbanked populations.
Where is MoCaFi headquartered?
MoCaFi is headquartered in New York, US.
Which VCs invest in companies like MoCaFi?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at MoCaFi's stage. Their profiles are linked below.
VCs backing financial services startups at Series B
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