Unifimoney Raises $10M in Seed Funding
Unifimoney Inc., a San Francisco, CA-based digital wealth management platform for Community Banks and Credit Unions, raised $10m in Seed funding.
Investors included Shop Your Way (part of Transform Holdco LLC), Oriza Ventures, Altair Capital, Global Millennial Capital, White Bay Group, Hard Yaka, Plug and Play, ICBA and a number of angel investors.
The company intends to use the funds to extend its coverage of alternative assets including collectables, sports memorabilia and NFTs in addition to a full suite of retirement accounts with both traditional and alternative asset IRA’s. Roadmap includes an investment rewards credit card allowing customers of Financial Institutions to earn points that can be redeemed for investable assets like crypto, stocks and gold.
Founded in 2019 by Ben Soppitt CEO and Ed Cortis CTO, Unifimoney provides a digital wealth management platform that serves Community Banks and Credit Unions to enable them to offer compelling investment services to their customers. The platform offers trading of over 70 cryptocurrencies, passive and active investing in thousands of stocks and ETF’s and precious metals, including gold, silver and platinum.
The company works with Financial Institutions existing technology partners and is integrated with leading core providers including Jack Henry & Associates and Q2 with more in process.