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WeMoney

From EverybodyWiki Bios & Wiki



WeMoney
Private
ISIN🆔
IndustryFinancial technology
Founded 📆2020
Founder 👔Dan Jovevski
Area served 🗺️
Members
Number of employees
🌐 Websitewww.wemoney.com.au
📇 Address
📞 telephone

WeMoney is an Australian financial technology company that develops a personal finance application offering budgeting and expense tracking. The app connects to participating institutions under Australia’s Consumer Data Right (open banking).[1][2]

History

WeMoney launched publicly in 2020 alongside a seed round of A$2 million led by BetterLabs Ventures and other investors.[1] In February 2022 the company was accredited as an Authorised Data Recipient under the Consumer Data Right.[2] In April 2025, the Australian Financial Review reported an A$12 million Series A led by Lance East Office with Mastercard participating, and noted a valuation of about A$100 million as the company considered a potential ASX listing.[3][4]

See also

References

  1. 1.0 1.1 Palmer-Derrien, Stephanie (30 September 2020). "WeMoney bursts out of stealth mode with $2 million raise for platform boosting financial, and emotional, wellbeing". SmartCompany. Retrieved 2025-08-08.
  2. 2.0 2.1 Pincovski, Claudia (15 February 2022). "WeMoney accredited for Open Banking in Australia". The Paypers. Retrieved 2025-08-08.
  3. "Escalante-backed WeMoney valued at $100m as it eyes ASX listing". The Australian Financial Review. 4 April 2025. Retrieved 2025-08-08.
  4. "Mastercard joins $12 million Series A in Australian fintech WeMoney". Finextra. 23 April 2025. Retrieved 2025-08-08.

External links


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