Holywally Raises $1.4M Investment Round For White-Label Digital Wallet Platform

HolyWally, a white-label virtual wallet platform that seamlessly connects with financial institutions, fintech businesses, and shops, has obtained US$1.4 million in a funding round headed by M-DAQ, a top Singapore fintech corporation.

The money collected will allow HolyWally to increase research and technological development, increase the staff, and extend commercialization operations in order to meet expanding market demand.

The HolyWally (Wallet as a Service) solution aims to power millions of digital wallets, allowing businesses to access the mobile payment sector with lower costs and more income potential. The firm just became a Visa Fintech Connect and Microsoft for Startups Partner.

Veljko Vasic, CEO at Creative Venture Studio, who co-founded HolyWally through their venture builder program, said: “Our goal is to enable anyone to launch a digital wallet in a matter of weeks, and scale it in a matter of months.”