BankingON Raises Series A Funding

BankingON, an Austin, TX-based provider of digital banking solutions, raised an undisclosed amount in Series A funding.

The round was led by Eagle Venture Fund.

The company intends to use the funds to launch Boucoup, a family finance mobile banking and interactive learning platform for credit unions.

Led by CEO Alexey Krasnoriadtsev, BankingON provides B2B2C digital banking solutions committed to empowering Credit Unions to help parents raise money-smart children. Boucoup, its family finance platform, helps CUs offer a free, branded digital mobile app for parents and teens. With it, parents can teach teens essential money skills, including earning, spending, and saving, through a platform. Teen-optimized UI and features include  instant allowances, chore-based rewards, flexible spending controls, and real-time transaction notifications, all within one mobile app. 

FinSMEs

17/01/2024