London-based Emma is a personal finance management app, which is touted to be the best financial friend. Founded in 2018 by Antonio Marino and Edoardo Moreni, the Emma app connects to users’ bank accounts and crypto wallets to help plan the budget, track expenses, and save money.
The app works with the intention to help users understand how much money they have left to spend till their next payday, track as well as find unnecessary subscriptions and get alerts to avoid going into the bank’s overdraft.
Secures €2.23M funding
The personal finance management app Emma has secured $2.5 million (nearly €2.23 million) seed funding led by Connect Ventures along with participation from Ithaca Investments, Tiny.vc, and existing investor Aglaé Ventures.
This investment comes after the $700k (nearly €625k) angel funding it secured back in June 2018. With the recent funding, Emma is in plans to double its team and attract one million users. Also, it will build a plethora of incredible features for its users.