SAN FRANCISCO—Unifimoney Inc., a digital wealth management platform for community banks and credit unions, has announced a $10-million seed round, including an investment from a bank trade association.
According to Unifimoney, its platform offers a digital wealth management platform with trading of over 70 cryptocurrencies, passive and active investing in thousands of stocks and ETF’s and precious metals.
“The investment will see Unifimoney extend its coverage of alternative assets including collectables, sports memorabilia and NFT’s in addition to a full suite of retirement accounts with both traditional and alternative asset IRAs,” the company said. “Roadmap includes an investment rewards credit card allowing customers of financial institutions to earn points that can be redeemed for investable assets like crypto, stocks and gold.”
Investors in the company include Shop Your Way (part of Transform Holdco LLC), Oriza Ventures, Altair Capital, Global Millennial Capital, White Bay Group, Hard Yaka, Plug and Play, the Independent Community Bankers of America, and a number of angel investors, the company stated.
Unifimoney works with financial institutions’ existing technology partners and is integrated with core providers, including Jack Henry & Associates and Q2.
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