Nova raises pre-Series A funding successfully
A major milestone that sets the stage for Nova’s future.
7 mins
Feb 14, 2024
Big news for the Nova community—our budgeting app just closed a successful pre-Series A funding round! This marks a huge step in our mission to help young adults take control of their finances through smart, intuitive tools. But what does this funding mean for Nova, and more importantly, for you as a user?
Why this funding round matters
Let’s be real: building a fintech product that connects to banks, uses AI to interpret data, and makes it all look sleek is no small feat. This funding helps us scale the technology, grow the team, and speed up improvements based on your feedback. It also shows investor confidence in our vision—making budgeting accessible, not intimidating.
Who invested and why
This round was backed by a mix of institutional and angel investors who believe in solving real financial problems for the next generation. Many of them are fintech veterans who’ve built products you probably already use. What drew them to Nova? Our focus on automation, our user-first design, and the fact that we’re actually listening to what young adults need when managing money.
What’s next for Nova
With this funding, we’re diving deeper into smart recommendations, smoother bank integrations, and new features that make financial planning less “ugh” and more “okay, I got this.” You’ll start seeing faster updates, better insights, and more personalised support through Nova’s AI chatbot. It’s all part of our mission to help you feel confident with your money—whether you’re budgeting for bubble tea or building your savings.
