Dublin-based FinTech My Money Jar has secured €700,000 from investors.
The investment round was led by Enterprise Ireland.
This brings the total raised in the last 18 months to €1.3mn.
The My Money Jar app is available on Android and iOS and links to a prepaid Mastercard.
What does this mean?
My Money Jar was founded in 2018 to help people manage their finances through a prepaid card and savings pots. Enterprise Ireland says it invested because people spending more money than they earn is a “large scale” problem that needs to be dealt with.