Weldon Acquires Popular Parenting App Family5 to Accelerate Development and Meet Growing Demand From Parents
New Weldon Platform Provides Parents With Convenient, Personalized Guidance From Leading Child Development Experts
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LOS ANGELES, April 22, 2021 /PRNewswire/ Weldon ( Weldon ) announced today that it has acquired Family Five Pte Ltd ( Family5 ), accelerating the deployment of the first expert-centered, personalized parental support and guidance platform. Parents can access
coaching (live workshops & group sessions),
community, and
content for every age and stage of their parenting journey. Family5 s IP and technology will power the new Weldon app, which will also include top Family5 experts and content. Family5 s founders
Amsterdam’s BUX raises €67 million in a funding round led by Prosus Ventures and Tencent
the neobroker in Europe.
To help accomplish this mission, they’ve raised €67 million in a funding round led by Prosus Ventures and Tencent. New investors ABN Amro Ventures, Citius, Optiver, and Endeit Capital and existing investors HV Capital and Velocity Capital Fintech Ventures participated in the round.
“Traditional financial market investing comes with a lot of friction and we firmly believe in the democratization of access to financial services for the next generation of investors. The existing solutions are expensive, complex, and not designed for younger generations,” comments Prosis Ventures’ Sandeep Bakshi. “BUX has built the next generation of investing services that are low cost, convenient and intuitive for even the newest investor, while covering the full spectrum of investment options, including cryptocurrencies.”