Gig Economy Banking App Moves Raises $5 Million in OMERS-Led Seed Round

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  • Gig Economy Banking App Moves Raises $5 Million in OMERS-Led Seed Round
PUBLISHED BY Sally Pau / May 24, 2022

Toronto-based FinTech startup Moves has raised a $6.39 million CAD ($5 million USD) seed round led by OMERS Ventures. The financing also saw the participation of Panache Ventures and N49P Ventures.

Founded in 2020, Moves offers an all-in-one banking app for gig workers. With a headcount of around 35 employees, Moves is led by CEO Matthew Spoke. The investment will help towards its mission of “making the gig economy work for its workers.” The company previously raised $9.1 million in 2020 according to Crunchbase data. Moves has been noted as a Canadian tech company to watch in the past.

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