WalletFi Closes $300,000

Fintech startup WalletFi announced the completion of $300,000 in seed financing from an undisclosed investor.

WalletFi offers a proprietary platform that identifies recurring charges, subscriptions, and CoF payments, and allows users and financial institutions to transfer those payments to a new card in case of re-issuance. The company’s goal is to reduce customer churn for banks and financial institutions, while also increasing customer engagement and reinforcing top-of-wallet status.