Chingona Ventures’ Samara Mejia Hernandez and Kairos Angels, which was co-founded by Temi Marcella Awogboro, deliver capital to a fintech gifting platform. Chingona and Kairos took part in EarlyBird’s $2.4 million financing, which also included Network Ventures, Bridge Investments, Takoma Ventures and Subconscious Ventures.
Based in Chicago, EarlyBird is launching an app that will enable parents, family and friends to invest in a child’s financial future. The app will enable parents or guardians to set up custodial investment accounts for their children in minutes, thus enabling friends and families to make financial gifts. Contributors are able to record a video memory if they so choose.
In a statement, Samara said EarlyBird fits with Chingona’s belief in “democratizing access to financial education.” She said the company’s app “allows parents to bond with the child to learn to invest in companies they believe will make an impact on the world while growing their savings.”
Samara, Chingona’s founding partner, also this year has backed Suma Wealth, a platform to engage, educate and empower U.S. born Millennial Latinos whose co-founder and CEO is Beatriz Acevedo, and Vantage Point, an enterprise-focused training company founded and led by Morgan Mercer.
Temi founded Kairos with Tayo Oviosu. She is also with the Evercare Health Fund, an emerging markets health care fund managed by TPG’s the Rise Fund, and co-founder of Evercare Hospital Lekki. Previously, she was with The Abraaj Group.