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HomeBankingAnt Money: Closes Series A Funding Round and Completes Merger with Blast

Ant Money: Closes Series A Funding Round and Completes Merger with Blast

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Ant Money: Closes Series A Funding Round and Completes Merger with Blast

  • Ant Money has raised $20 million in a Series A funding round and completed the acquisition of video game-focused savings app Blast
  • The Series A was led by Franklin Templeton’s Franklin Venture Partners co-founder Walter Cruttenden
  • The acquisition of Blast takes the number of apps under the umbrella from one to three ATM, Blast, and Learn & Earn
  • ATM is designed to help users generate micro-income that is then invested in the stock market
  • Blast is primarily a savings app for gamers that allows users to save money while playing video games
  • Building an investment account early in life can help people on the road to financial success

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