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The Money Club raised $2.5 million in a Series A funding round led by Prudent Investment Managers to develop financial inclusion solutions and expand technological capabilities.

PRIVATEDec 05, 2024

Amount Raised

$2.5 Million

Round Type

Series A

NoidaFinancial ServicesFinanceFintech

Investors

SupermorepheusZ21 VenturesLetsventurePrudent Investment ManagersHNIs of SingaporeHNIs of Dubai1Crowd AIFVenture Catalysts

Description

On-demand liquidity platform The Money Club has raised $2.5 million in a Series A funding round led by Prudent Investment Managers. The funds will be used to provide financial empowerment to underserved populations.

Quick answer

The Money Club raised $2.5 Million in a Series A round, dated December 5, 2024. Investors: Supermorepheus, Z21 Ventures, Letsventure, Prudent Investment Managers, HNIs of Singapore, HNIs of Dubai, 1Crowd AIF and Venture Catalysts. The Money Club is based in Noida, Uttar Pradesh, India.

How much did The Money Club raise?
The Money Club raised $2.5 Million in a Series A round on December 5, 2024.
Who invested in The Money Club?
Supermorepheus, Z21 Ventures, Letsventure, Prudent Investment Managers, HNIs of Singapore, HNIs of Dubai, 1Crowd AIF and Venture Catalysts are named as investors in this round.
What does The Money Club do?
The Money Club is an on-demand liquidity platform launched in 2018 by Manuraj Jain.
Where is The Money Club based and how big is it?
The Money Club is based in Noida, Uttar Pradesh, India.
Who are the decision-makers at The Money Club?
Fundz holds 2 contacts at The Money Club. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as The Money Club that raised within 45 days of this round, from Fundz verified event records.

  • Mintoak raised $8.3M (Secondary Market) on January 9, 2025.
  • Fold raised $20M (Convertible Note) on December 30, 2024.
  • Nukkleus raised $10M on December 20, 2024.
  • Curie Money raised $1.2M (Seed) on December 19, 2024.
  • Volume raised $6M (Funding Round) on December 17, 2024.
  • CredibleX raised $55M (Seed) on December 16, 2024.

Who to call at The Money Club, and when

A new round usually means The Money Club is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day The Money Club raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at The Money Club, from your own LinkedIn network

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Company Information

Company

The Money Club

Location

Noida, Uttar Pradesh, India

About

The Money Club is an on-demand liquidity platform launched in 2018 by Manuraj Jain. It provides a fully digital service allowing new-to-credit users to access financial solutions without physical paperwork. The platform primarily targets low-income populations in India, specifically helping the 400 million lower middle-class individuals who struggle with traditional financial access. The Money Club has facilitated over 4.3 million transactions, focusing on enhancing financial inclusion and digital footprints for its users.

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2 contacts
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

The Money Club raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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