HYDERABAD: Pencilton, a teen-focused fintech company, has announced raising $330K in a pre-seed round led by (registered as Amica Financial Technologies Pvt. Ltd). The round also saw participation from Nilesh Patel and Prashant Singh (Founders, LeadSquared), Ashish Sharma (MD, Innoven Capital), Abhishek Goyal (Founder of Tracxn), Himanshu Sharma (Founder, Aspiring Minds), Kunal Sinha (Founder, GlowRoad), Vignesh Ramanujam (Partner, Spoonfeed) and angel investor Tirumalareddy Karri.
Pencilton offers a debit card, PencilCard, to teenagers and students to help them manage their expenses while teaching them the basics of money management. An upgrade is expected to its debit card in a few weeks …
Pencilton raises $330K in a pre-seed round by Jupiter, others
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