Dubai-based Zywa, raised $3 million seed funding from Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline Venture Partners, Zemu VC, a number of prominent European family offices, and strategic angel investors.
Zywa is a social banking app and prepaid card that allows Gen Z (people aged 11 to 25) to receive money, manage it, and make payments. Parents will appreciate the app’s ability to send money to their children as well as monitor their spending and saving habits. Zywa also intends to add a social component to its app by allowing users to share photos or videos of their purchases as well as react to their friends’ purchases in different feeds.
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Dubai-based Zywa, raised $3 million seed funding from Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline Venture Partners, Zemu VC, a number of prominent European family offices, and strategic angel investors.
Zywa is a social banking app and prepaid card that allows Gen Z (people aged 11 to 25) to receive money, manage it, and make payments. Parents will appreciate the app’s ability to send money to their children as well as monitor their spending and saving habits. Zywa also intends to add a social component to its app by allowing users to share photos or videos of their purchases as well as react to their friends’ purchases in different feeds.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
