The Money Finder pockets $1.75m

Financial planning software startup The Money Finder has raised $1.75m in a new round from Build Ventures and Innovacap.

The investment comes though a $250,000 investment made by Innovacorp in September with Build Ventures recently adding $1.5m in equity financing.

The Halifax, Canada-based company develops educational programmes and financial planning software to help financial advisors to design cash flow plans for clients.

The Money Finder says it counts 300 financial planners as its clients and will use the new capital to expand its development team to launch an enterprise version of the product.

It will also be used to fuel sales to overseas enterprises.

The company says it aims to raise a Series A round of $4m or more in a year’s time.

Copyright © 2017 FINTECH GLOBAL

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