Oval Money

Oval Money

Oval Money

Oval Money helps user be wiser about their personal finance by allowing them to save smartly for the purpose of investing.
Type
Platform
Founded
2016
Raised
$9.8M
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Alexa global traffic share
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Latest funding Show all
€4,000,000
Venture capital (Series A) - 2018
Intesa Sanpaolo Neva Finventures
Undisclosed amount
Venture capital (Series A) - 2018
Intesa Sanpaolo
Team Size
30+
Employees

Product overview

the problem

Young adults today are always exposed to multiple spending decisions but very few solutions to save and invest in the future. There is a huge gap in the younger generations both in financial education and in access to the traditional industry.

the solution

Oval Money provides a solution that one one side allows users to learn to save through our Steps (saving rules powered by AI) and on the other offers a number of third party products that focus on investments into themes that this generation believes in.

target group

We build this product for young adults, who do not have enough initial capital to access traditional investment solutions and who want flexible products for their flexible lifestyle.

Crowdfund Insider

Update: Oval Money Set to Close Seedrs Funding Round With More Than £1.2 Million Secured

FinSMEs

Oval Money Receives £4M Investment from Eurizon

Finextra

Oval Money to link automated savings app to Twitter postings

Finextra

Intesa Sanpaolo takes stake in Oval Money

Venture capital (Series A)
FinSMEs , TechCrunch

Oval Money Launches Series A with Investment led by Intesa SanPaolo

Funding
Finextra

Oval Money raises £1.3 million

Funding
£1,300,000 Venture capital
FinSMEs

Oval Money Raises £1.3M in Funding

Funding
Finextra

Oval Money crowdfunding closes 58% above target with over 1000 investors

Finextra

Oval Money surpasses £500,000 crowdfunding target in 72 hours

£600,000 Equity crowdfunding
FinSMEs , FinSMEs

Oval Money Raises £600k in Equity Crowdfunding; Campaign Still Running

Funding Apps Crowdfunding
Finextra

Oval Money arrives on Android

Finextra

Oval Money links savings with social media activity on Facebook

€1,200,000 Seed fund
Tech City News , FinSMEs

Personal savings app Oval Money, founded by ex head of Uber Italy, raises €1.2m

Funding