Status Money’s Financing Agreement With SixThirty Ventures

?Fenwick & West advised Status Money on the deal.

Status Money has completed a convertible note financing agreement with SixThirty Ventures. The financing brings Status Money’s total funding to $9.5M since it was founded in 2016.

The New York-based Status Money provides free financial management apps that show users how their finances compare with peers and enable them to crowdsource financial advice.

SixThirty is an early-stage venture fund that invests in enterprise technology companies building FinTech and InsurTech solutions for incumbents.

The Fenwick transaction team included corporate principal Eli Curi (Picture) and associate Matthew Holbreich.

Involved fees earner: Eli Curi – Fenwick & West LLP; Matthew Holbreich – Fenwick & West LLP;

Law Firms: Fenwick & West LLP;

Clients: Status Money;

Author: Ambrogio Visconti