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Ant Money Closes Series A Funding Round And Completes Merger With Blast

Dec 22, 2021•over 3 years ago

Round Type

series a

Newport Beach

Description

/ Ant Money, the embedded finance platform, today announced it has raised $20 million in a Series A financing led by Franklin Templeton's Franklin Venture Partners, Walter Cruttenden, RX3 Ventures, SteelBridge Laboratories, and Steelpoint Capital Partners. In conjunction with the merger, Ant Money also finalized the acquisition of Blast via a stock-for-stock merger. The move increases the number of apps under the Ant Money umbrella, from one to three, all of which allow users to earn money that goes to build investment accounts.

Company Information

Company

Ant Money

Location

Newport Beach, California, United States

About

Ant Money helps people open investment accounts with its embedded finance functionality with Robo-BumpersTM through Ant Money Advisors, LLC, its SEC-registered investment advisor. Investors are equipped with a portfolio that is designed to diversify and limit risk, half of the portfolio comprises five of the largest, lowest cost ETFs in the world, and the other half allows for customization of up to ten individual stocks. Ant Money was created by Walter Cruttenden, founder of Roth Capital and Acorns, and Michael Gleason, founder of Consumer Brands. Ant Money is based in Newport Beach, CA. www.AntMoney.com Investment advisory services are provided by Ant Money Advisors, LLC ("AMA"), an SEC-registered investment advisor. AMA's terms and policies can be found at www.antmoneyadvisors.com or through www.adviserinfo.sec.gov and their Form CRS can be found here. AMA facilitates trading through DriveWealth, LLC, an SEC-registered broker-dealer and member FINRA and SIPC. Check the background of this firm on FINRA's BrokerCheck.