Copper is an all-digital bank built specifically for teenagers to teach them in making smart financial decisions.
Copper Banking was founded with the mission to help teens gain real world experience by giving them access to their money in a way that traditional banks aren’t able to do. The Copper app and debit card teaches teens how to make smart financial decisions by creating a platform for parents and teens to connect. With the Copper app, you get easy snapshots of your accounts and, with the Copper Debit Card, it's easy to shop in-store, online or with Apple or Google Pay. PLUS, users get exclusive access to engaging content curated by a team of financial literacy experts who provide advice and tips on how to take control of their financial future.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Apr 26, 2022 | Series A | $29M | 5 | Fiat Ventures | — | Detail |
Oct 6, 2021 | Seed | $9M | 9 | PSL Ventures | — | Detail |
Aug 25, 2020 | Seed | $4.30M | 5 | PSL Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Fiat Ventures | Yes | Series A |
PSL Ventures | Yes | Seed |
Alumni Ventures | — | Series A |
Insight Partners | — | Series A |
Invesco Private Capital | — | Series A |
Panoramic Ventures | — | Series A |
Arnold Venture Group | — | Seed |
Clocktower Technology Ventures | — | Seed |
Index Ventures | — | Seed |
Launchpad Capital | — | Seed |