Junio raises $6 mn in pre-series A funding round led by NB Ventures

Junio, kid-focused digital payments and pocket money app, has raised $6 million in Pre-Series A funding round, led by UAE-based firm NB Ventures with significant participation from the Rajiv Dadlani Group .

The fintech startup intends to utilise the freshly raised capital to bolster its team, roll out new product features, and scale up customer acquisition initiatives.

The brainchild of Shankar Nath and Ankit Gera, Junio aims to digitise pocket money for children and be the preferred digital payment option. The platform offers a ‘smart card’ that enables kids to make offline and online purchases. The New Delhi-based startup’s goal is to