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Delivering unique data-driven insights to help users better address their customers' financial wellness

The capital provided by TD will enable Moven to accelerate its growth in multipronged white-label solutions and its direct-to-consumer offering

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Sectors:
  • Financial Technology and Payments
  • Software

JEGI LEONIS has advised Moven on their strategic investment from TD Bank.

Founded in 2010, Moven provides a real-time mobile money tool that lets users spend money from mobile devices and provides instant feedback on transactions and spending patterns.

With over $1.0 trillion in assets, Toronto-Dominion Bank (TD’s parent) is the second largest bank in Canada and the ninth largest bank in North America by assets. The investment in Moven builds on the successful pre-existing relationship between both companies. Moven’s technology powers TD MySpend app, which is a companion app to TD’s mobile banking app, and Moven allows users to track their spending habits and receive notifications in real-time.

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