Singapore
Chocolate Technologies, founded in 2020 and headquartered in Singapore, specializes in the fintech and mobile CRM space. The company operates under the slogan, "Chocolate Technologies is the provider of the Canvas Visa Card enabling Singapore kids & domestic workers to go cashless." They aim to revolutionize family finance with their product, Canvas, a digital solution designed to enhance the management of household budgets and financial literacy.
Chocolate Technologies has innovatively addressed a niche market by launching their Prepaid Visa Debit Card and the Canvas Card Cashless Pocket Money and Family Finance App. These tools provide parental and employer controls, facilitating the financial autonomy of both children and domestic workers. Canvas leverages partnerships with established players like Xfers Pte Ltd, ensuring secure and streamlined services.
The company's last funding was a Seed Round on 20 December 2015 by Govin Capital Pte Ltd, suggesting a strategic need for investment to fuel further growth and refinement of their disruptive fintech offerings.
