Irvine's Finfare Raises $20M in Seed Funding
Finfare, Inc. announces $20 million in seed funding
IRVINE, CA – Finfare, Inc. (Finfare), a fast-growing FinTech startup building an AI-driven financial software to serve companies in North America has raised seed funding of $20 million.
Major financial support was brought in by lead investor, Digital Mobile Venture Ltd to develop important areas of the company such as product engineering, data, and operations.
Finfare’s CEO, Wayne Lin, a successful serial entrepreneur is merging his vision that will disrupt the current spend and payment management software industry with state-of-the-art artificial intelligence tools that will enable Finfare’s customers to not only spend smart, but also activate rewards that save and earn them money.
“Finfare is in the business of making our payment and digital banking platform fun for everyone”, said CEO of Finfare, Wayne Lin. “Managing your money or banking can be fun when it’s simplified and easily accessible. Getting rewards that generate a greater return from spending, while reducing transaction costs is how Finfare aims to make this experience enjoyable for our users.”
Digital Mobile Venture Ltd continues to support Finfare’s team of highly focused and energetic people as they continue to build with a product roadmap that is set to shake up of the industry while introducing their customers to products that are customer-centric and solution-based.
About Finfare
Finfare, Inc (Finfare) is a fast-growing FinTech company building a financial software on a foundation of artificial intelligence. The company aims to launch a spend management software that supports businesses with innovative solutions for all their spending needs and an exclusive reward’s program. Their product roadmap will begin with an initial launch (Q4-2022) of a physical and virtual card-issuing management tool, followed by scheduled releases of new features, functions, and products through 2023. Founded in 2021, Finfare is based in Irvine, California.
Media Contact
Sandra Porter
PR@Finfare.com
949.229.6144
SOURCE: https://www.finfare.com/news/finfare-inc-announces-20-million-in-seed-funding-