Jupiter
Financials
Estimates*
USD | 2021 |
---|---|
Revenues | 49.5m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$24.0m | Seed | ||
* | $2.0m Valuation: $100m | Seed | |
$44.0m Valuation: $300m | Series B | ||
$10.0m Valuation: $300m | Series B | ||
* | N/A | $13.0m Valuation: $655m | Secondary |
* | $87.0m Valuation: $711m | Series C | |
* | $3.0m | Debt | |
* | $12.1m | Debt | |
Total Funding | $167m |
Related Content
Recent News about Jupiter
EditJupiter.money is a fintech startup that offers a comprehensive money management app. The platform is designed to cater to the needs of individuals who seek a simplified, secure, and efficient way to manage their finances. The company operates in the financial services market, specifically in the digital banking and personal finance management sector.
Jupiter.money provides a range of services including real-time spend breakdowns, automatic savings, wealth tracking, and mutual fund tracking. The app is designed with bank-grade security and is ISO and PCI compliant, ensuring the safety of users' funds. Additionally, users' money is insured up to ₹5,00,000 by the Deposit Insurance and Credit Guarantee Corporation (DICGC), providing an extra layer of financial protection.
The company's business model is centered around providing a seamless banking experience with no hidden fees or minimum balance requirements. Users can withdraw from any ATM and enjoy transparency in fees. The platform also offers a unique rewards system where users earn 'Jewels' on their spends, which can be redeemed for cash or gold.
Jupiter.money makes money primarily through transaction fees and the interest earned on the money that users deposit into their accounts. The company also likely earns revenue from its mutual fund tracking service and from partnerships with other financial institutions.
In summary, Jupiter.money is a user-friendly, secure, and efficient digital banking and personal finance management platform that offers a range of services to help individuals better manage their money.
Keywords: Fintech, Digital Banking, Personal Finance Management, Security, Mutual Fund Tracking, Rewards System, Transparency, No Hidden Fees, User-Friendly, Wealth Tracking.