FinTron Raises $6.5M in Series A Funding
FinTron, a Stamford, Conn.-based investment and personal finance application provider, closed a $6.5m Series A funding round, bringing total funds raised to nearly $10m. Backers included AUA Capital Management, Connecticut Innovations, Sage Venture Partners and Webster Bank. The company plans on using the funds to grow its organization, hire new talent, upgrade its technology, product offerings, and include a new rewards system, crypto trading capabilities and enhanced education. FinTron, a 26-year-old CEO and Connecticut Resident Wilder Rumpf, offers an investment and personal financial application that features financial literacy programs for thousands of high school students and college students. In 2021, the company had nearly 12,000 new users and has a national digital footprint that serves clients in 52 US and Canadian territories.