Tellus
A financial technology platform on a mission to help users build wealth through our line of passive income products.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | $27.6m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 93 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Tellus is a financial technology company that provides a high-yield savings platform designed to offer significantly better returns than traditional banks. Operating in the personal finance market, Tellus serves individual clients looking to maximize their savings with minimal effort. The business model revolves around offering a competitive annual percentage yield (APY) of up to 6.00%, achieved through daily boosts and immediate interest withdrawals. Tellus generates revenue through the interest rate spread, which is the difference between the interest earned on investments and the interest paid to users. By leveraging technology and efficient customer service, Tellus aims to disrupt the traditional banking sector and provide a superior savings experience.
Keywords: high-yield savings, financial technology, personal finance, daily boosts, immediate withdrawals, competitive APY, interest rate spread, individual clients, banking disruption, superior savings.