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Envel
Envel is a financial services company that specializes in the fields of consumer banking, fintech, money management, and wealth management. It features and an autopilot software platform that uses…
Envel
Envel is a financial services company that specializes in the fields of consumer banking, fintech, money management, and wealth management. It features and an autopilot software platform that uses…
TL;DR
What: AI-powered mobile banking and money-management platform
Founders: Steve Le Roux; Diederik Meeuwis
Founded: 2018
Status: Technology sold to BankMobile; Envel closed
Deposits: Held through nbkc bank and FDIC-insured
Company Overview
Problem Domain
Consumer banking, personal finance management, fintech
Founded
2018
Industry
Fintech / Consumer banking
Funding Track Record
Company raised via equity crowdfunding; public profiles show obfuscated round details
Envel's technology platform was sold to BankMobile (BM Technologies) and the company subsequently closed