Gold investment start up jar raises $ 32mn at $ 200 MN valuation from tiger global, others
- ByStartupStory | February 4, 2022
Usual gold savings app jar has risen $ 32 million in a series A round led by tiger global, and joined by rocket ship, Vc third time and other force ventures and subsisting investors consist of Arkam, ventures, and WEH.
Various angels consist of Klarna founder victor jacabsson, Suleman Ali of Ali capital, Shamir karkal, founder of sila money, Byron ling of cannan Partners, Joel John of ledger prime and Italic discovery, of Jeremy cai, also, joined the round.
The series A round follows a $ 4.5 million seed depositing, in August.
While the company didn’t disclose, its latest valuation, as the Entrackr’S sources – Jar has been valued at a little over $ 200 million.
Withal, accretion, and acquiring customers, Jar will emplace and attaining customers, Jar will situate agrees to cast lending and some insurance verticals.
Discovered by Nischay, AG and Misbah Ashraf, jar access to the dopers to begin bedeck from as low as Re 1 and bedecks that money in digital gold.
This app can also select the purchase and stipends of the user’s SMS folder and round it off to the nearest 10 to procreate a spare change for each of their expenses.
Also, the User’s bedecked in more digital gold are backed by physical gold of the same amount and they can choose to withdraw that much gold or liquidate any time.
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