Northstar, a financial wellness platform that provides financial advice, coaching, and budgeting support, has raised USD 24.4 million in funding led by GGV Capital with participation from PayPal Ventures, Thomson Reuters Ventures, M13, and others. Northstar’s total funding now stands at USD 40.4 million.
The company intends to utilize the funds to support its geographic expansion plans to expand its product reach to up to 30 countries by end of 2023.
As of October 2022, Northstar reported having a 100% employer retention rate with a close to 50% employee enrollment rate.
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