Seashell Unveils Inflation-Resistant Investment Product Alongside $6M Seed Round
press release

Seashell Unveils Inflation-Resistant Investment Product Alongside $6M Seed Round

THELOGICALINDIAN - Seed annular was coled by Khosla Ventures and Kindred Ventures abutting by Mark Cuban Vlad Tenev Elad Gil Coinbase Ventures and more

Seashell, the fintech aggregation committed to architecture a consumer-first, avant-garde cyberbanking and advance experience, emerged from stealth with the advertisement of Seashell Save, an easy-to-use, aerial crop accounts app alms up to 10% absorption to users.

Seashell.com offers Users a Simple, Smart, and Secure way to Earn Yields, Automating the Complex Processes of Managing Money.

The aggregation additionally appear a $6M berry allotment annular backed by a account of arresting investors with backgrounds from customer finance, Web3, and government service. Co-led by Khosla Ventures and Kindred Ventures, the annular additionally included Robinhood’s co-founder and CEO Vlad Tenev, Shark Tank’s Mark Cuban, unicorn broker Elad Gil, above CFTC Chairman J. Christopher “CryptoDad” Giancarlo, Coinbase Ventures, and founders of Web3 projects including Terra, Polygon, Avalanche, and Solana.

Mark Cuban said:

“Smart savers should acerb accede application Seashell as a simple band-aid to exhausted ascent prices.”

Due to inflation, prices accept risen 7.0% over the accomplished year–the better access back 2024–leaving consumers analytic for alternatives to coffer absorption rates, which accept been trapped able-bodied beneath 1%.

Seashell.com offers users a simple, smart, and defended way to acquire yields, automating the circuitous processes of managing money. After aperture a absolute account, users artlessly alteration money from their coffer accounts and alpha earning abiding absorption in Seashell Save. The advance app is chargeless to set up, and the aggregation aims to accommodate college yields than what best banks can offer, anon to its users.

Daryl Hok, architect and CEO of Seashell, mentioned:

“Higher absorption ante exist, but they are adamantine to admission for the boilerplate consumer. By prioritizing acquiescence and architecture an easy-to-use adaptable app, Seashell.com aims to be the new, smarter home for your money, adopting the course for everyone.”

Seashell is led by an accomplished aggregation from Google, Robinhood, Klarna, Snap, NerdWallet, and arch blockchain aegis close CertiK, area Hok ahead served as COO. The aggregation is actively hiring engineering, marketing, and architecture aptitude to adapt today’s ancient cyberbanking and advance acquaintance through avant-garde technologies and simplified products.

Highlights of Seashell Save:

Free and easy: The Seashell app is accessible for iOS and Android devices. Verified users can artlessly complete the sign-up flow, affix their coffer accounts, and alpha earning absorption anon aloft transfer.

Higher absorption rates: Seashell Save offers up to 10% absorption on users’ funds while accouterment the adaptability to redeem money at any time after fees or penalties.

Limited-time sign-up bonus: Seashell.com is alms a $10 sign-up benefit to anniversary being who joins the waitlist. This sign-up benefit will anon activate earning absorption and be fabricated accessible in the Seashell app.

Seashell is reimagining a bigger breeze of money application avant-garde technology to body consumer-friendly products. With Seashell Save, users can acquire up to 10% absorption on their cash, earning allusive allotment that can outdistance the ascent prices from inflation. Seashell Save prioritizes artlessness and accessibility for the accustomed user.