Moneytree

wealthtech-retailpersonal finance management

FOUNDING YEAR: 2012
LOCATION: Japan
Last Update: 17/07/2020

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About

Moneytree is a lifestyle app enabling users to connect their credit card and digital money transactions to the iPhone and iPad.

Focus

PRODUCTS & SERVICES

Money managemnt app

REVENUE MODEL

Has two variants to its app - Moneytree Pro and Monytree Plus. They could be charged separately. Also, the company was reported to be looking at monetizing user profile and their transaction history by providing targeted ads based on content and financial profiling.

MAIN CLIENTS

Megabanks

regional banks

accounting software industries.

Traction

VALUATION / MARKET CAP:

$60 M in 2017

People

FOUNDERS

Paul Chapman

Mark Makdad

Ross Sharrott

BOARD MEMBERS AND ADVISORS

Paul Chapman

Jonathan Epstein

Dobashi Yasuhisa

Douglas Lorentz

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Baillie Gifford

DG Incubation

Hiroshima Venture Capital

Mastercard

Mitsubishi UFJ Capital

Mizuho Bank

Mizuho Capital

Morgan Stanley

PayPal

Salesforce

Salesforce Ventures

Senshu Ikeda Capital

SMBC Venture Capital

KEY EMPLOYEES:

Paul Chapman(CEO)

Jonathan Epstein

Momentum

FUNDED

YES

TOTAL FUNDING

$15.08 M

DATE OF LAST FUNDING

Apr 2020

TOTAL FUNDING COMMENT

The company is planning to use the fund for new functions for their personal asset management app “Moneytree" and also aiming to further expand and accelerate the business.

SEED & PRIOR FUNDING

$1.6 M

SEED CLOSED ON

Nov 2013

SEED PRIOR FUNDING COMMENT

An undisclosed non equity assistance raised in Oct 2015.

FUNDING SERIES

SERIES A  · ---  · Oct 2015

SERIES B  · $8.93 M  · May 2017

SERIES C  · ---  · Apr 2020

OTHERS  · $4.55 M · Feb 2019

LISTED

NO

COMMENT

An undisclosed non equity assistance raised in Oct 2015.

Innovation Programs

BASICS

FOUNDING YEAR:

2012

LOCATION:

Japan

Views:

102 VISITORS | 192 VIEWS
LATEST FUNDING ROUND

$15.1 M

TOTAL EMPLOYEES
51-200

About

Moneytree is a lifestyle app enabling users to connect their credit card and digital money transactions to the iPhone and iPad.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Innovation Programs

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