Ant Money: Closes Series A Funding Round and Completes Merger with Blast

Ant Money: Closes Series A Funding Round and Completes Merger with Blast

• Ant Money has raised $20 million in a Series A funding round and completed the acquisition of video game-focused savings app Blast
• The Series A was led by Franklin Templeton’s Franklin Venture Partners co-founder Walter Cruttenden
• The acquisition of Blast takes the number of apps under the umbrella from one to three ATM, Blast, and Learn & Earn
• ATM is designed to help users generate micro-income that is then invested in the stock market
• Blast is primarily a savings app for gamers that allows users to save money while playing video games
• Building an investment account early in life can help people on the road to financial success