6 years ago
Oval Money Secures £4 Million Investment from Eurizon
Oval Money, a fintech startup offering digital payment and saving tools, has received a £4 million investment from Eurizon, the asset management firm of Intesa Sanpaolo Group
This investment will allow Oval Money to expand its customer base and develop further digital initiatives
The partnership between Intesa Sanpaolo Group and Oval Money began in June 2018 with the acquisition of a minority stake in the startup by Neva Finventures, the corporate venture capital arm of Intesa Sanpaolo Innovation Center.
ProblemFinancial Services
"making savings and payment process more digital and accessible for everyday people"
Solution
"developing a digital payment and saving platform that connects customers and investments, offering security standards consistent with banking institutions"