Seashell, which hope to create a consumer-first modern banking and investment platform, has launched from stealth after the closed of its seed round.
The FinTech company has raised $6m in a round co-led by Khosla Ventures and Kindred Ventures. Other participants to the round include Robinhood’s co-founder and CEO Vlad Tenev, Shark Tank’s Mark Cuban, unicorn investor Elad Gil, former CFTC Chairman and “CryptoDad” J. Christopher Giancarlo, Coinbase Ventures, and founders of Web3 projects including Terra, Solana, Avalanche, and Polygon.
Seashell offers a digital platform to invest, with it boasting up to 10% interest to users. The platform, which is available for download on iOS and Android, lets users connect their bank accounts and instantly start investing.
For a limited time, the company is offering a $10 sign-up bonus to each person that joins the waitlist.
Seashell founder and CEO Daryl Hok said, “Higher interest rates exist, but they are hard to access for the average consumer.
“By prioritizing compliance and building an easy-to-use mobile app, Seashell.com aims to be the new, smarter home for your money, raising the tide for everyone.”
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