TL;DR: Spenny is a Y Combinator Winter 2020 startup Acorns for India. Every time you swipe you make a digital…, currently active with a team of 2.
Acorns for India. Every time you swipe you make a digital…
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Spenny is the Acorns for India. Every time a user make any digital transaction, we round off the amount to the nearest 10 INR and invest it for them into a diversified portfolio, automatically. 400M millennials in India don't invest because they don't have enough time, knowledge or access to large capital. With Spenny, they just connect the card and invest every time they spend. We're growing 67% WoW since launch, with 3,000+ users and $15,000 in AUM. Indians put $500Bn into their bank accounts annually. We charge 1.75% of the AUM for investments. That's a direct ~$9Bn market in India alone. Potentially every time a user makes a transaction, we make money. And in that sense, the timing for Spenny couldn't have been better: 1 Trillion+ transactions are expected in 2021 because of factors l…
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Yes. Spenny was funded by Y Combinator in the Winter 2020 batch. Acorns for India. Every time you swipe you make a digital…
Spenny is the Acorns for India. Every time a user make any digital transaction, we round off the amount to the nearest 10 INR and invest it for them into a diversified portfolio, automatically. 400M millennials in India don't invest because they don't have enough time, knowledge or access to large capital. With Spenny…
Spenny was part of Y Combinator's Winter 2020 batch.
Spenny has a team of 2 people according to Y Combinator's directory.
Spenny is currently listed as Active with a team of 2 in Y Combinator's directory.
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