South African Fintech Startup FinMeUp Raises Funding To Scale

South African personal finance companion FinMeUp has raised an undisclosed amount of funding in a round led by  SAAD and Blu Sky Investments to help it enhance its user experience and scale operations. According to the company, a significant portion of the funding will be allocated towards the development and launch of innovative products, such as the forthcoming SnapMillion and Snap200 offerings.

FinMeUp offers a comprehensive range of solutions including an education platform, financial advisory, investments, insurance, and credit solutions. As a community-based platform, the startup is dedicated to fostering a collaborative environment where individuals can learn, engage, and grow together. It boasts over 80,000 community members and over 15,000 app users.