#  Alma Financial

High yield neo-bank for underbanked users in the US

- Canonical URL: https://wefunder.com/alma
- Entity ID: wefunder:company:123918
- Last updated: 2026-06-13T05:01:02Z
- Generated at: 2026-06-14T01:57:11Z

## Quick facts
- $1.5 m raised from Lombardstreet Ventures, Pioneer Fund, Stonks Fund, Xoogler Fund
- High yield savings account to help underbanked people manage spend and build credit
- Founder is Ex-Facebook Novi Wallet, built MPC, and grew fiat wallet from 200k to 40m users
- Using a prize-linked business model to encourage saving
- Angels include executives at Brigit and Strikingly

## Active fundraises
- wefunder:fundraise:71069: 4(a)(6) successful (USD)
- wefunder:fundraise:71070: 4(a)(6) successful (USD)

## Story
We are building a high yield savings account with low fees and debit cards for underbanked population in the U.S. (and eventually, beyond).We want to help people manage their spend and build credit. To encourage users to save, we plan to use the prize linked savings model (reference).Our intention is to launch our MVP in 3 - 6 months.The teamAgni was a PM who led growth for the fiat side of the Novi wallet, driving it from 200k to 40M users.FundingWe graduated from YC in Summer '22. Since then we've raised about $1.5M and pivoted our idea to Alma. Join us.

## Team
- Agni Bhattacharya (CEO & Co-founder)

## Q&A
- Q: What is different that you are doing that others in crypto security are not? How are you arriving at a 15m valuation from a new company with zero revenue from customers?
- Q: Hello Christopher! As the lead investor could you please explain what is going on with this company and why the pivot as well as the departure of one of the cofounders? There is a lot of comments and questions in the area for questions with zero response from anyone. KingsCrowd says the maximum raise is for $124k and the close date is 4/29/24. Baffling to say the least. One of the compelling reasons why I invested was because of the cofounder who utilized the very secure wallet configuration and now she’s gone. I am guessing you guys are just waiting this out without responding until the raise is done? We as investors need your attention and response to our questions and concerns.
- Q: Can we get more of an explanation of what is going on? I am a small investor but invested based on the concept and the team and now there is no team it is just you the founder and the concept is different than what was originally pitched on Wefunder. I am not sure that raising $1.5M and pivoting your idea to Alma is enough of an explanation to keep my current reservation.
- Q: I'm very confused. This company was called Derisk a few weeks ago that provided white label wallets for web3 companies. Now it's called Almo Financial and is a neo-bank with no details on the overview page?! What's going on here???
- Q: Guys, you pivoted the company 180 with no explanation from a self-custody MPC wallet offering to a neobank. What gives? Changing the approach is totally understandable this early but removing a founder and giving no explanation is pretty sus. Am I wrong?
- Q: With just $4000 revenue, no functional website no MVP $1.5M raised so far and a valuation of $15M… How do you justify? With dried up VC money I feel companies and startups are exploiting retail investors in the name of crowdfunding.
- Q: I like Aslam's question from October...its Febuary without a response. I like cold wallets being made simple buy people that respond to questions effectively
- Q: Can you explain your competitive advantage against Web3Auth?
- Q: Hello Team, any time for a quick demo?
- Q: Is your company 2 people or 3 people? Some websites list a third person as a business manager. Also ,with such a small team. Your company could be anywhere in the United States . Wouldn't it be best to move to a more tax-friendly state?