Japanese FinTech Habitto secures $3.9m

Habitto

Habitto, a Japan-based firm looking to alter money habits through a mobile bancassurance platform, has scored $3.9m in a pre-Series A.

The round was co-led by Saison Capital and Cherubic Ventures. It also saw participation from DG Daiwa Ventures, GMO Ventures, Kyokuto Securities, Epic Angels and discrete angel investors.

According to Finextra, this financing round follows an earlier seed round in which the company raised US$3.4 million in September 2021.

Habitto is a mobile, connected, relatable financial experience to action new money habits built by SJ Mobile Labs Japan

The company is looking to take on the financial anxiety that Japanese people face about the future. It offers connects savings, investment and life insurance products supported by financial advisors.

Habitto chief creative officer and co-founder Liam McCance said, “The financial advice offered in our private beta showed really promising results. Most participants had little previous experience, if any, with independent financial advice, however, most recognised the need and indicated a willingness to pay for access to independent financial advice.”

SALT Lending, a crypto lending platform, has scored $64.4m in a Series A funding round from a share sale to accredited investors, CoinDesk has reported.

Colorado-based SALT offers blockchain-backed loans where borrowers put up cryptocurrency as collateral.

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