Mobile app Spriggy raises USD 35 mln

Tuesday 27 July 2021 14:57 CET | News

Australia-based mobile app Spriggy has raised USD 35 mln from NAB Ventures, Grok Ventures and Perennial Value Management.

Spriggy is a mobile app fitted out with a prepaid card for digital ‘pocket money’ that aims to help children learn the concepts of digital money and financial responsibility. NAB’s innovation and investment arm said its financial support of the Australian fintech follows its commitment to providing parents with financial education tools to help teach their children.

Grok Ventures representatives have stated that the mobile app has done a good job scaling to currently having over 500,000 customers. Spriggy raised USD 12 million in Series A funding led by Grok Ventures in 2019. 

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Keywords: personal finance management, startup, funding, mobile payments
Categories: Payments & Commerce | Online & Mobile Banking
Countries: Australia
This article is part of category

Payments & Commerce