WeMoney

Australia Founded: 2020 • Age: 6 yrs
Financial wellness app developed to assist with debt management.
Annual revenue - Latest available
Total funding $19.7M 4 rounds
Employees - Tracked headcount
Investors 13 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About WeMoney

WeMoney is a company based in Australia founded in 2020. It operates as a Freemium and FinTech. WeMoney has raised $19.68 million across 4 funding rounds from investors including Mastercard, Dorado Capital and Lance East Office. WeMoney offers products and services including WeMoney App. WeMoney operates in a competitive market with competitors including OneScore, Clear Score, SkorLife, CreditMantri and Credit Information Bureau, among others.

  • Headquarter Australia
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wemoney Pty Ltd
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $19.68 M (USD)

    in 4 rounds

  • Latest Funding Round
    $7.68 M (USD), Series A

    Apr 22, 2025

  • Investors
    Mastercard

    & 12 more

  • Employee Count
    Not available
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Products & Services of WeMoney

WeMoney offers a comprehensive portfolio of products and services, including WeMoney App.

Product name locked
Category locked
Primary

Financial wellness app for tracking and managing debt.

People of WeMoney

Headcount 10-50
Employee Profiles 11
Employee Profiles
People
Dan Jovevski
Founder & CEO
People
David Sims
Head of Engineering
People
Andrew L.
COO / CFO
People
Hamza Anas
Senior Frontend Engineer

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Funding Insights of WeMoney

WeMoney has successfully raised a total of $19.68M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7.68 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in WeMoney

WeMoney has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mastercard, Dorado Capital and Lance East Office.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
A family office managing private investments and philanthropy.
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-
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Dream Ventures is focused on supporting female founders with fundraising and growth strategies.
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Investor details for WeMoney

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by WeMoney

Investments
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Investment portfolio details for WeMoney

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - WeMoney

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Detailed financials for WeMoney

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Wemoney Comparisons

WeMoney Primary company
Description
Financial wellness app developed to assist with debt managem...
Location
Australia
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for WeMoney

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

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Competitors of WeMoney

WeMoney operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OneScore, Clear Score, SkorLife, CreditMantri and Credit Information Bureau, among others.

Company Name Domain Founded year HQ Location Description
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Free credit scores and personalized improvement insights are provided.
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Credit scores and reports are accessed by individuals online.
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Developer of a platforms offering credit score checks
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Credit scores are accessed and analyzed via an app-based platform.
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Credit scoring data and customer information provider
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Detailed competitors of WeMoney

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Wemoney

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Complete news archive for WeMoney

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about WeMoney

WeMoney was founded in 2020.

WeMoney is headquartered in Australia.

WeMoney is a funded company, having raised a total of $19.68M across 4 funding rounds to date.

WeMoney is a financial wellness application designed to help users track and manage their debts effectively. Operating in the personal finance sector, it offers solutions for budgeting, bill tracking, and debt consolidation. Personalized offers and community support are provided to enhance financial health across Australia.

WeMoney's top competitors include OneScore, SkorLife and Clear Score.

WeMoney offers WeMoney App.

WeMoney has 13 investors. Key investors include Mastercard, Dorado Capital, Lance East Office, BetterLabs, and Eastcourt.

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