Fintech startup SayF bags $240k in pre-seed round led by Titan Capital, others
- ByStartupStory | January 17, 2023
SayF, a rewards based savings app, has raised $240k pre-seed round funding led by Titan Capital, Sunn91 Ventures and other angel investors.
SayF, Bengaluru-based startup, intends to use the funds for initial team building, product refinement, and early product experimentation.
SayF claims that users spend, earn, and invest all in one transaction at over 300 brand stores ranging from Swiggy to Uber to Reliance Smart.
According to the company, savings with SayF are 7x higher than savings with other existing savings apps. There are over 50k SayF users, with 76% coming from referrals. It also claims that over the last four months, the platform has processed over Rs 7,50,00,000 transactions and assisted users in investing approximately Rs 40,00,000.
It competes with Mint, Wizely, Mvelopes, Crown It, Dibz, Encash, mTrakr, and others.
SayF, founded in 2021 by Aman Singh and Priyesh Gandhi, is a savings and investing app that helps users save, invest, and optimise their spending for a better future. It assists Indians in earning and investing money for day-to-day expenses. Instead of paying directly through a UPI app, users can spend through the SayF app to earn up to 25% cashback in the form of digital gold investment.
Also Read
Follow Startup Story
Related Posts
