PennyWorks: Funding, Investors & Team (Oct 2026)
PennyWorks is a DeFi-based option in contrast to the frustrating yields and high expenses related with conventional financial planning. Organizers Ivan Zhang and Karol Przybytkowski started their money vocations against the background of the worldwide monetary emergency. This experience assisted them with fostering a profound comprehension of how things work — and all the more significantly the way in which things could be better. Understanding that the advances in decentralized money could enable regular individuals to have more organization over their cash, Ivan and Karol set off on a mission to make PennyWorks, one of the first solid and simple to-utilize high return speculation accounts controlled by blockchain innovation.
PennyWorks has raised $2.0M across 1 funding round on record, the most recent a Pre-Seed of $2.0M announced in Jun 2022.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
PennyWorks Company Profile and Key Stats
Latest funding round on record: Jun 2022.
PennyWorks Funding Rounds
PennyWorks Founders and Leadership Team
No contact details are on record for this team yet.
PennyWorks Funding Compared to Other Financial Services Startups
PennyWorks' latest round of $2.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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PennyWorks Funding FAQs
What does PennyWorks do?
PennyWorks is a DeFi-based option in contrast to the frustrating yields and high expenses related with conventional financial planning. Organizers Ivan Zhang and Karol Przybytkowski started their money vocations against the background of the worldwide monetary emergency. This experience assisted them with fostering a profound comprehension of how things work — and all the more significantly the way in which things could be better. Understanding that the advances in decentralized money could enable regular individuals to have more organization over their cash, Ivan and Karol set off on a mission to make PennyWorks, one of the first solid and simple to-utilize high return speculation accounts controlled by blockchain innovation.
How much funding has PennyWorks raised?
PennyWorks has raised $2.0M across 1 round on record. The most recent is a Pre-Seed of $2.0M announced in Jun 2022.
When did PennyWorks last raise funding?
PennyWorks' most recent funding round on record is a Pre-Seed of $2.0M, announced in Jun 2022.
Who is the CEO of PennyWorks?
Ivan Zhang is listed as CEO at PennyWorks.
Where is PennyWorks headquartered?
PennyWorks is based in Hoboken, New Jersey, United States.
How many employees does PennyWorks have?
PennyWorks is in the 1-10 employee band.
How does PennyWorks' funding compare to other Financial Services startups?
PennyWorks' latest round of $2.0M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's PennyWorks Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PennyWorks is left off this page rather than filled in.
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