Fintech platform MoneyyApp raises funding from angel investors led by GSW Accelerator

• ByStartupStory     |    June 9, 2022

MoneyyApp, a fintech software that helps creators run their businesses by offering fintech solutions, has secured an angel round headed by GSF Accelerator from a group of notable investors. IndiaMart’s founder Dinesh Agarwal, Nazara Technologies’ creator Nitesh Mittersain, Fluid Ventures’ Amit Singhal, U2opia Mobiles’ Sumesh Menon, Pras Hanuma, and others were among the investors in the round.

MoneyyApp was founded in 2021 by Fayyaz Hussain, Mohit Goyal and Aaditya Goyal, and assists Indian content providers in improving their monetisation by offering business tools. And has a network of 50K producers on Telegram and WhatsApp and is assisting them in owning their material by onboarding them on Web3 in the simplest way possible.

MoneyyApp intends to utilise the funds to grow its operations, concentrate on product development, and promote the app. The startup’s target market is the millions of video creators that use multiple social media platforms, particularly YouTube.

MoneyyApp’s co-founder and CEO Fayyaz Hussain said that the company’s objective is to deliver the finest service to the creative and inspire underestimated and rising innovators. The GSF accelerator grant would enable us to give much-needed coaching and the capacity to concentrate on product development.

Rajesh Sahwney, the founder of GSF Accelerator stated that MoneyyApp is establishing a new age Fintech platform which will be a bridge for the creative economy to shift from Web 2.0 to Web 3.0 of which Web 2.5 is now available.

Gaurav Kapur, a celebrity investor and an artist said that as a creator across mediums, he was well aware of the issues of creators. MoneyyApp was founded with the goal of resolving the obstacles facing artists and paving the way for them to do what they do best. As an investor, he was pleased to join this vibrant team, which will serve as a springboard for him and his tribe to succeed.

Follow Startup Story