FinTech Zywa raises $3m valuing it at $30m – The National

FinTech Zywa raises $3m valuing it at $30m – The National

Zywa, a FinTech start-up that focuses on teenagers, raised $3 million in a new funding round with the company’s valuation now reaching more than Dh110m, the company announced on Tuesday.

The start-up, which is part of Abu Dhabi’s global tech ecosystem Hub71, offers a prepaid card to teenagers and an app to manage and save money.

Investors who participated in the latest funding round included Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline VC, Zemu VC, some European family offices and strategic angel investors, Zywa said in a statement.