“We worked with Evan Spiegel at Snap for a few years building out a lot of products,” Madeira said. “After the IPO, we wanted time to pursue our own thing. We had learned how to build products for the masses, and we saw that there were very few products in the financial space that are built for the masses.”

https://news.crunchbase.com/news/out-of-stealth-meemo-banks-on-10m-investment-for-finance-app/?utm_content=intro&utm_term=content&mkt_tok=eyJpIjoiTW1RNE1qWmhPR05sTWpVNCIsInQiOiJFWUl6QmNQTGxVR0pnOTM0b0wyK3FObFY3VTZ2NGFkaVBlUlRmVHRJQXNLTTZ1Q3Jtd2h6NGduVUNZQ0V2S0ZnUTQ2MG1EWDRuU3BVRWxTSE1NeEMwd2tZY0wwdlFWM2VPaHRUVTRUUVpvNWNQQ3ZKY1NTK3p5ZjNjZ3hobTdaQiJ9