2 years ago

HyperJar Secures $24 Million Series A to Revolutionize Money Management

  • London-based fintech startup HyperJar has raised $24 million in a Series A funding round led by Susquehanna Private Equity Investments

  • The company's money management app allows users to organize their finances and track spending

  • HyperJar plans to use the funding to expand its product offerings and grow its customer base in North America and Europe.

      • ProblemFinancial Services

      "Making spending money go further is the fastest way for most people to improve their financial position, but this is not what banks, credit platforms, payment platforms or asset and wealth managers are set up to do."

      Solution

      "HyperJar is a money management app and card service that allows users to segregate money into named saving jars for specific purposes. Each jar can be allocated to have money taken from them at certain shops. Businesses can use the software to issue their own version to existing customers."

      Covered on