Jassby is a U.S.-based startup offering a family finance mobile app that combines a digital wallet and shopping app to let kids receive money from parents and grandparents and save, donate, or spend within a controlled Walled Garden. The platform emphasizes financial literacy and habit-building, does not rely on physical cards, and is presented as fee-free. Jassby says it can partner with schools, sports clubs, and businesses to create a broader ecosystem for users. Funds from the recent SeedInvest campaign will be used to continue development of the Jassby platform and products. Less than a year earlier the company raised $5 million in a round led by Moneta Capital and Needham Bank, with participation from Blumberg Capital, Correlation VC, and PnP Ventures. CEO Benjamin Nachman stated the company plans to raise an additional $20M later in the year to drive toward 1 million users within a year. Jassby offers a family finance app that combines a digital wallet and shopping app, enabling kids to receive money from parents and grandparents and then save, donate, or spend on a controlled platform. The app emphasizes safety and parental controls and is available on iOS and as a web app. To deliver its services the company partners with Needham Bank, member FDIC. Jassby has crossed 100,000 users and has raised $10M in total funding. The company plans to use the newly raised $5M to accelerate continued growth and advance its development roadmap. It is led by CEO Benjamin Nachman.

Total raised

$8M

Funding rounds

2

Latest round

Seed

Latest activity

Jan 2021