The Money Club

company

About

The Money Club wants to make saving, investing and borrowing money more efficient.

  • 51 - 100

Details

Last Funding Type
Seed
Last Funding Money Raised
$1.70M
Industries
Financial Services,FinTech
Founded date
Jan 1, 2016
Number Of Employee
51 - 100
Operating Status
Active

The Money Club is a mobile platform for peer to peer chit funds. Users apply to the platform, we verify and then match users to form Money Clubs where every user can pool up Money with other verified users.
Each user plays a Money clubbing game where he moves from small Money Clubs to bigger Money clubs based on their behaviour on the platform.

The company is digitising the 3 lakh crore market of unregistered chit funds in India.

Founded by an experienced team of IIT , UCLA and INSEAD alums

Contact Us: [email protected]

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.70M
The Money Club has raised a total of $1.70M in funding over 2 rounds. Their latest funding was raised on Sep 28, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 28, 2021 Seed $1.70M 3 Venture Catalysts Detail
Aug 27, 2020 Seed 2 Venture Catalysts Detail

Investors

Number of Lead Investors
Number of Investors
2
3
The Money Club is funded by 3 investors. Venture Catalysts and LIV Advisors are the most recent investors.
Investor Name Lead Investor Funding Round
Venture Catalysts Yes Seed
LIV Advisors Seed
Keiretsu Forum Seed