FinTech Lune raises $850K in its Pre-SEED from Dubai Future District Fund (DFDF), Flat6Labs, and several angel investors.
The company’s goal is to turn raw customer transaction data into powerful insights for banks, neo-banks, and other financial institutions. The platform offers teenagers a free digital banking app and prepaid card to help them manage their money effectively, as well as parental control over their transactions. The investment will allow Cashee to expand in Saudi Arabia, the company announced on Sunday.