About Status Money
Status Money is a Technology company based in New York (United States) founded in 2016 by Majd Maksad and Korash Hernandez. User finances are analyzed and optimized via a management platform. The company has 5 employees. Its chief executive, as recorded, is Majd Maksad. Status Money offers products and services including Customer Engagement Engine and Social PFM. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Expense Management. Its legal entity is Status Money Inc. Its competitors include Zeta, PennyOwl and ePOP; 3 of its 3 listed competitors have raised funding.
Company details
Status Money was founded in 2016 in New York, United States, within the fintech sector. A platform for personal financial management is offered, where interest rates, spending patterns, debts, and assets are compared and analyzed to identify savings opportunities. Multiple financial accounts are tracked, and credit scores are monitored. Availability is provided through apps on iOS and Android platforms.
- Headquarters New York, United States
- Employees 5
- Founders Majd Maksad, Korash Hernandez
- SectorsTechnology
- Email••••••••
- Website statusmoney.com
- Social LinkedIn X Facebook
- Legal Name Status Money Inc.
- Annual Revenue$274.01 K (USD)-50as on Dec 31, 2020
- Net Profit-$2.94 M (USD)-1as on Dec 31, 2020
- Investors
- Employee Count5
Products & Services of Status Money
Status Money offers a comprehensive portfolio of products and services, including Customer Engagement Engine and Social PFM.
Platform for personalized insights and offers to boost customer retention.
Tools for peer comparisons and financial app features targeting younger users.
Funding Insights of Status Money
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Status Money with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | Seed | – | SixThirty | – |
1 investors in total: 1 institutional.
Investors in Status Money
Status Money has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SixThirty.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | sixthirty.co | St. Louis, United States |
Investor details for Status Money
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of Status Money
4 people are tracked at Status Money (3 in leadership, 1 in team); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Majd Maksad | Co-Founder & CEO | Leadership |
Korash Hernandez | Co-Founder & COO | Leadership |
Marcus Drapkin | Sales Director | Leadership |
Valentin Kuznetsov | Senior Software Engineer Tech Lead | Team |
Complete people profiles for Status Money
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Status Money
2 dated milestones of Status Money across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Status Money is founded.
- Funding First funding round.
Competitors of Status Money
Status Money has 3 listed competitors in our database, 3 of them funded. They include Zeta, PennyOwl and ePOP.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| askzeta.com | 2018 | San Francisco, United States | $1.5M | 11 | Financial solutions are offered by Zeta for couples and families. | |
| pennyowl.com | 2012 | New York, United States | $1.3M | Mobile app to teach children about money management | ||
| epoppay.com | 2020 | New York, United States | $2.51M | Digital receipt aggregation for individuals |
Detailed competitors of Status Money
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- Full competitor set
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Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Status Money (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Status Money
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Frequently Asked Questions about Status Money
Status Money was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Status Money is headquartered in New York, United States. It is registered at New York, New York, United States.
Majd Maksad is the CEO of Status Money, as recorded in our data. They have also founded this company.
Status Money has 5 employees.
Annual revenue of Status Money is $274.01K as on Dec 31, 2020.
Status Money was founded in 2016 in New York, United States, within the fintech sector. A platform for personal financial management is offered, where interest rates, spending patterns, debts, and assets are compared and analyzed to identify savings opportunities. Multiple financial accounts are tracked, and credit scores are monitored. Availability is provided through apps on iOS and Android platforms.
Status Money offers Customer Engagement Engine and Social PFM.
Status Money has 1 investor. Key investors include SixThirty.
Status Money operates through Status Money Inc..