Angel Investments

Teens-focused fintech startup Yolo raises funding from Shuru-Up, Growth91, others

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Delhi NCR-based fintech startup Yolo has raised a pre-seed round led by Shuru-Up, Growth91 and angel investors. The firm will use the funding for product development, team building, and for executing marketing and growth plans. The funding will also support the digitalization of college ID cards, combining them with payment functionality. The platform is set to launch its exclusive Yolo Money app for teenagers and colleges in July 2023. Founded in April 2022 by former Razorpay employee Shivansh Agarwal, Yolo aims to develop a payments app-based platform tailored specifically for promoting the usage of digital money for teenagers.

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