Monday, June 16, 2025
19.4 C
London
HomeFinTechMastercard Invests in Australian Fintech WeMoney's $12 Million Series A Round

Mastercard Invests in Australian Fintech WeMoney’s $12 Million Series A Round

Date:

Shawbrook Bank Owner Pollen Street Eyeing Metro Bank Takeover

Exploring Strategic Moves in the UK Banking LandscapeHighlights: Pollen...

Sezzle Files Antitrust Suit Against Shopify: What You Need to Know

Exploring the Implications of Sezzle's Legal Action on the...

Chase Unveils The Shops at Chase for Exclusive Cardmember Shopping

A Seamless Shopping Experience with Top Brands and Reward...

A significant funding boost for WeMoney as it prepares to expand its financial solutions.

Highlights:

  • Mastercard leads a $12 million Series A funding round for WeMoney.
  • The investment will enhance WeMoney’s capabilities in providing innovative financial solutions.
  • WeMoney aims to leverage this funding to expand its user base and services in Australia.

WeMoney, an emerging fintech in Australia, has secured a significant $12 million in Series A funding led by Mastercard. This investment will enable WeMoney to strengthen its technological capabilities and broaden its range of services to customers. As the fintech landscape continues to evolve, WeMoney’s growth trajectory reflects the increasing interest and support for financial innovations. With Mastercard’s backing, the company is poised for an exciting expansion in the Australian market.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories