Meemo, a San Francisco, CA-based social finance app, secured $10M in funding.
Backers included Saama Capital, Greycroft, monashees and Sierra Ventures, as well as Amit Singhal, Hans Tung of GGV capital, and several serial entrepreneurs.
The company will use the funds to launch the app and expand its business reach.
Led by former Snapchat engineers André Madeira and Wisam Dakka, Meemo is a social financial application which works behind the scenes to send notifications to users – like a new reward or an insight that they will actually be interested in. It offers users automatic AI powered search, personalized insights, modern peer-to-peer sharing, and rewards based on transaction and purchasing history.