Fintech platform MoneyApp is backed by Quant Fund in its first round of angel investment. This app provides financial tools to small and micro enterprises and domestic solopreneurs and creators. The amount received from Quant Fund will be spent by the company on its operations, development of its products and creating awareness about the app. MoneyApp was launched in early 2022. 

In June, the startup raised funding from GSF founder Rajesh Shahane, India Mart founder Dinesh Agarwal, Nazara Technologies founder Nitesh Mitrasen, Bharat Metromoney founder Murugavel, Roshan Abbas, Gaurav Kapoor and Arvinder Singh Gujral in an angel round in June.

MoneyApp, based in Bangalore and Singapore, was launched in February 2022. Its founders include Fayaz Hussain, Mohit Goyal and Aditya Goyal. This app provides tools to the makers to run their business smoothly. The company aims to serve 100 million digital solopreneurs and creators. Currently, there are around 16,000 creators associated with the startup.

Fayyaz Hussain, Co-Founder and CEO, MoneyApp, said, “We are extremely excited to have the backing of Angel List’s Early Stage Quant Fund, with their support we look forward to expanding our offerings to enable digital natives and solopreneurs to grow their business. Help businesses manage and grow."