Fintech startup MoneyyApp raises undisclosed funding from AngelList’s Early-Stage Quant Fund
- ByStartupStory | December 15, 2022
Fintech startup MoneyyApp has raised an undisclosed amount in pre-seed funding round from AngelList Early Stage Quant Fund.
The startup plans to use the funds to expand its operations, increase product development and create awareness around the app to get more creators and solopreneurs into its network.
MoneyyApp has raised an angel round in June with the support of GSF Founder Rajesh Sawhney, IndiaMart founder Dinesh Agarwal, Nazara Technologies’ founder Nitesh Mittersain, BharatMatrimony founder Murugavel, along with Roshan Abbas and Guarav Kapur,Arvinder
“With AngelList’s Early Stage Quant Fund on our captable, we look forward use their expertise and track record in identifying gaps in the market that can be served by innovation. We will come up with innovative products and services and tools for digital natives and solopreneurs that can help them manage and grow their businesses,” said Fayyaz Hussain, Cofounder and CEO of MoneyApp.
Founded in early 2022 by serial entrepreneurs Fayyaz, Mohit Goyal and Aaditya Goyal, MoneyyApp, provides creators in India with financial and business growth tools and alternative finance help them scale faster and efficiently.
“We are enthusiastic investors in MoneyyApp. We believe that great people build great companies and we know from our proprietary data that MoneyyApp is one of the most attractive start-ups in the world for talented job seekers,” says Abraham Othman, PhD of AngelList’s Early Stage Quant Fund
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