# WizzGo

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

- Industry: Media
- Headquarters: Paris, France
- Website: www.wizzgo.com
- Total disclosed funding: $1.6M
- Latest round: Series B (Apr 15, 2008)
- Investors on record: 1

## About

WizzGo is an online banking service that offers a range of financial products tailored for digital consumers, emphasizing convenience and competitive pricing.Founded in 2006, WizzGo is based in Paris, France, and operates as an online banking service that provides various financial products to its customers. The company has undergone no known pivots in its operational strategy. It has completed a total of 3 deals, with the most recent funding round occurring on April 15, 2008. WizzGo raised EUR 999,000 in Series B funding from investor Innovacom, bringing its total amount raised to EUR 999,000 and resulting in a current company valuation of EUR 7.058 mn.WizzGo primarily operates as an online banking service, offering checking accounts, savings accounts, and individual retirement accounts (IRAs). These products are designed for convenience and accessibility, featuring low fees and competitive interest rates to attract digital consumers. The platform supports seamless online transactions, catering to tech-savvy individuals, families, and young adults, particularly within France and neighboring European markets.WizzGo generates revenue through a structured fee model that includes nominal transaction fees and interest margins from its financial products. Customers may incur low monthly maintenance fees for certain accounts and transaction fees for specific services, though many features are available at no cost. Key offerings such as checking and savings accounts significantly contribute to its revenue, supported by a user-friendly online interface that fosters customer engagement.WizzGo plans to utilize its recent funding raised in April 2008 to enhance its product offerings and expand its reach within the European market. The company aims to introduce new financial products tailored to the evolving needs of digital consumers. Additionally, WizzGo is targeting expansion into neighboring countries by late 2009, aiming to capture a larger share of the digital banking market.

## Funding rounds

- Series B, Apr 15, 2008, $1.6M — Innovacom

## Investors

- Innovacom (https://capitalatlas.ai/funds/innovacom) — Series B