SquareOne became Emerge and launched a banking offer for small businesses

Emerge brought a banking product to small and medium businesses. The founders started in 2021 with New Zealand's first app, card and account for children, and Mastercard rails carried the company into its second market.

We invested in SquareOne because financial capability is rarely taught well, and parents actively want a safe, practical way to build money habits in their kids early. The product teaches through real earning, saving and spending with strong parental controls, which drew a large base of families. The Mastercard partnership gave the platform durable rails to grow on, and those rails are what carried it into small business banking as Emerge.

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