Global VC fund SOSV and Venture Catalysts have announced their latest investment of $1.7 million in The Money Club, a fintech startup that has built an AI-based P2P group savings platform to enable the lower-middle-class population to save, borrow and invest digitally.
The Money Club will use the funds to bolster its technology platform and operations.
The pre-Series A round also saw participation from other investors including Blume Founders’ Fund, LetsVenture, Keiretsu Forum, Rockstud Capital, Astarc Ventures, and LIV Advisors Ltd.
