Tuesday, August 10, 2021

UNest Acquires Kidfund

North Hollywood-based UNest, a fintech startup backed by Anthos Capital, Draper Dragon, The Artemis Fund, Northwestern Mutual Future Ventures, NBA All Star Baron Davis, and Band of Angels, says this morning that it has acquired Kidfund, the developer of an app which helps parents save money for their kids and which teaches good financial habits. Financial terms of the acquisition were not announced. UNest said that Kidfund has 30,000 users, all of whom will have an option to convert to a UNest account. Unest is led by founder and CEO Ksenia Yudina. The company offers up an app which provides education, financial literacy, and helps parents save more money for their children.