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Stage

Acquired | Acquired

Total Raised

$1.32M

About Penny App

Penny App has just launched a personal finance coaching app built with bank-grade security. Available on iOS and Android powered devices, Penny App features tools to explain spending and income with messages and graphs, shares facts, like where they shop most and how much they spend on coffee, track month to month spending, show transactions across all of an accounts, categorize transactions and notify when new transactions arrive.

Headquarters Location

San Francisco, California,

United States

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Expert Collections containing Penny App

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Penny App is included in 3 Expert Collections, including Digital Banking.

D

Digital Banking

872 items

Companies and startups in this collection provide banking services to consumers and businesses, as well as enhance, automate, and/or digitize operations for banks and financial institutions.

A

Artificial Intelligence

10,728 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

F

Fintech

8,088 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Latest Penny App News

Personal Finance Coaching App Penny App Raises $1.2M in Seed Funding

May 23, 2016

Social Capital made the investment. The company is using the funds to launch the app and expand operations. Led by Alex Quach and Mitchell Lee, Penny App has just launched a personal finance coaching app built with bank-grade security. Available on iOS and Android powered devices, Penny App features tools to explain spending and income with messages and graphs, shares facts, like where they shop most and how much they spend on coffee, track month to month spending, show transactions across all of an accounts, categorize transactions and notify when new transactions arrive. FinSMEs

Penny App Frequently Asked Questions (FAQ)

  • Where is Penny App's headquarters?

    Penny App's headquarters is located at San Francisco.

  • What is Penny App's latest funding round?

    Penny App's latest funding round is Acquired.

  • How much did Penny App raise?

    Penny App raised a total of $1.32M.

  • Who are the investors of Penny App?

    Investors of Penny App include Credit Karma, Y Combinator and Social Capital.

  • Who are Penny App's competitors?

    Competitors of Penny App include Even and 4 more.

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CB Insights puts confidence and clarity into your most strategic decisions.
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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Compare Penny App to Competitors

Albert Logo
Albert

Albert operates as a financial technology company. It offers human guidance and technology-based service for finance-related insights to the customers enabling proper utilization of their finances. The company was founded in 2015 and is based in Los Angeles, California.

E
Empower Finance

Empower is a mobile banking app that offers a full suite of personal finance solutions, including automated savings, interest checking and cash advance, easy budgeting and spend tracking, bill negotiation and subscription management, and personalized recommendations.

C
Charlie

Charlie is a personal financial management tool/chatbot that offers information on ways to save and how to avoid recurring fees and penalties.

Qapital Logo
Qapital

Qapital offers a personal finance app that encourages users to save for things they want (like a vacation, wedding, or down payment on a home) by making behavior changes to achieve results. The app allows users to set a goal and accumulate savings triggered by everyday behaviors, such as grabbing a morning coffee or ordering take-out. It employs IFTTT (If This Then That) technology, allowing users save money by using their favorite apps, such as posting a photo to Instagram or reaching a target on Fitbit.

Chime Logo
Chime

Chime offers mobile-based banking services. It is accessible via its mobile banking application offering integrated savings accounts, credit cards, and more. The company was formally known as 1debit. It was founded in 2012 and is based in San Francisco, California.

Nava Logo
Nava

Nava operates as a software-as-a-service (SaaS) company. It offers financial technology (FinTech) products for credit unions. Its products assist with member engagement, and retention, increase liquidity, and help credit unions compete with larger organizations. It was founded in 2018 and is based in Vancouver, Canada.

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