Powerup Money

Uni Cards spun off entity PowerUp raises money from Accel, Blume

Uni Cards spun off entity PowerUp raises money from Accel, Blume

11 Jun 2025, 13:49 PM

In February, The Head and Tale reported that PowerUp Money raised $4.75 million to build a next-generation wealth management platform.

PowerUp Money to spin off from Uni Cards, raises $4.75 million

PowerUp Money to spin off from Uni Cards, raises $4.75 million

18 Feb 2025, 17:33 PM

This spin-off will allow PowerUp to focus entirely on wealth management, while Uni Cards continues to focus in the lending space.

Fintech Hightlights

  1. IPO-bound Groww records Rs 1,820 crore net profit; raises fresh capital

  2. Crypto neobank startup PlutoPe bags pre-seed funding

  3. IPO-bound Pine Labs CFO quits

  4. Cred raises $72 million led by GIC in a downround

  5. Pine Labs set to file DRHP for IPO by June-end
  6. Read more highlights...

AI/Emerging Tech

  1. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  2. Read more highlights...

Editor's Pick

  1. Madras HC grants anticipatory bail to Strata founder in email impersonation case

  2. Exclusive: Paytm’s payment aggregator unit fires all senior executives

  3. UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?