Telda provides a digital payment platform that enables users to send, spend, and save money instantly through a mobile app, utilizing biometric security for account protection. The service addresses the need for fast, fee-free money transfers and real-time spending tracking, allowing users to manage their finances effortlessly while enjoying social payment features.
Funding
$25M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional methods of sending, spending, and saving money can be slow, involve fees, and lack real-time tracking, making it difficult for users to manage their finances effectively. Existing solutions often lack social payment features and personalized security options.
Solution
Telda provides a digital payment platform accessible via a mobile application, enabling users to instantly send, spend, and save money. Users can send and request money as easily as sending a text message, with options to add GIFs, emojis, or personal notes. The platform offers a physical card for online and in-store purchases, as well as ATM withdrawals. Telda provides instant payment notifications and categorizes spending habits to help users track their expenses. The platform employs biometric identification and customizable card controls for enhanced security.
Target Audience
Telda targets individuals seeking a fast, secure, and user-friendly platform for managing their finances and making social payments.
Features
- Instant money transfers to other users
- Option to express payments with GIFs, emojis, and personal notes
- Physical card for online, in-store, and ATM transactions
- Real-time transaction notifications
- Automated categorization of spending habits
- Biometric identification for account security
- Customizable card controls
- 24/7 in-app chat support