Unifimoney has reportedly raised $1m in a pre-seed round

Digital banking platform Unifimoney has reportedly picked up $1m from a selection of angel investors and venture capitalist firms.

The investors include Plug and Play, Oriza Ventures, Kurt Bilager, Accenture managing director Anand Swaminathan and Sanjay Sathe.

The news, reported by Crunchbase, comes after Unifimoney announced earlier in May that it would begin to offer Visa credit and debit cards in the US.

Ben Soppitt, founder and CEO of Unifimoney, told Yahoo Finance at the time, “Visa has brought us both its deep expertise and resources from the established payments world and its cutting-edge innovation from the digital world. We are excited to collaborate with them in creating better ways for people to manage their money.”

Oriza Ventures has previously backed companies like the UK-based startup Rebank, which raised a $2.8m seed funding round in December 2019.

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