
United States · Financial services startup
Ivella is a fintech startup based in Santa Monica, California, that focuses on developing banking and financial products for couples.
Funding reportedLast round: Seed
Ivella is a fintech startup based in Santa Monica, California, that focuses on developing banking and financial products for couples.
Founded in 2021 by CEO Kahlil Lalji, Ivella aims to fill the gap in financial solutions tailored to couples at various stages of their relationships. The company participated in Y Combinator's Summer 2021 batch and has secured $3.5 million in seed funding from various investors. Ivella offers two main account products: the Split Account and the Joint Account. The Split Account allows couples to share some expenses while keeping others separate, with a debit card linked to both accounts for shared spending. The Joint Account is designed for couples who wish to fully merge their finances. Both account types include Savings Pods for tracking shared savings goals. Ivella also provides a Visa debit card with fraud protection and access to over 55,000 ATMs. The company plans to introduce premium subscription features in the future. Ivella primarily generates revenue through interchange fees and interest margins.
Funding, as reported
What they build
Known for
relationship bankingrecurring transfers000 locationsfinancial goalsdigital banking for engaged and married couplesmobile bankingreal-time transaction notificationsvirtual cardsinformation technology & servicesrelationship finance managementcommercial bankingfinancial servicesfinancepersonal financecouples financial managementautomatic expense splitting
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