London wellbeing and fintech app aims to expand team by 50 with £3m fundraise

A financial and wellbeing banking app has announced that it is aiming to recruit up to 50 new employees following a seed capital raise of £3m.

Maslife, based in London, will see the investment grow its total funding to more than £5m, financing its plans to recruit 50 staff across its London, Munch, Marbella and Monaco offices.

This equity financing raise comes as Maslife scales to launch its platform following a successful soft launch.

Maslife is set to launch fully in Spring 2021.

Kash Amini, founder of Maslife, commented: “Attracting this investment demonstrates the belief in our app and shows it’s a solution that people are yearning for.

“By integrating wellness into a banking platform, Maslife is defining a new category of fintech and all at a touch of a button.

“By offering highly secure, trusted, and personalised solutions to build financial freedom and embed a mindful mindset, we are empowering customers with all the tools they need to manage their health and wealth.

“The impact of a global pandemic and all the social and economic restrictions it brought, has driven wellness and general health to the forefront.

“Maslife is in a unique position to provide that peace of mind when it comes to health, wellness and finance.

“With a strong European presence and expert team at the helm, we are very excited to watch Maslife grow from strength to strength.”