Moven, a NYC-based fintech startup that provides a debt card and app, raised $12m in Series B financing.
The round was led by Route 66 Ventures.
The company intends to use the funds for international expansion and recruitment of new people in NYC and Philadelphia.
Led by Brett King, Moven provides a free debit card and app that tracks users’ money as they spend it. With Moven, users can see all accounts in one place and keep track of spending in real time.
The card is issued by CBW Bank, member FDIC, pursuant to a license from MasterCard International.