5 Articles
5 Articles
Mastercard Invests in WeMoney: $12M Series A Boosts Australian Fintech | Fintech InShorts: Latest fintech news, analysis by experts
WeMoney secures $12 million in Series A funding, with Mastercard joining forces to revolutionize financial wellness and open banking in Australia Highlights: WeMoney raises $12 million in Series A funding, valuing the fintech at $100 million. Mastercard joins as a strategic investor, supporting WeMoney’s open banking and AI-driven financial tools. Expansion plans include South-East Asia, New Zealand, and leveraging AI for enhanced lending compa…
Aussie Fintech WeMoney Bags A$12 Million Series A Funding Backed by Mastercard - Fintech Singapore
Australian fintech startup WeMoney has secured A$12 million in a Series A funding round led by Lance East Office, the family office of tech entrepreneur Laurence Escalante. Global payments company Mastercard also joined as a new investor, alongside existing backers BetterLabs, Dorado Capital, and Eastcourt Capital. WeMoney, established in Western Australia and launched in October 2020, provides a financial wellness app utilising open banking and…
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