Ivella
“Can a purpose-built banking app help couples manage shared and split finances without the friction of traditional joint accounts or peer-to-peer payment apps?”
Founded2021
HQSanta Monica, California, USA
FoundersKahlil Lalji
Total raised$3.63M
Latest roundSeed VC-II
IndustryFintech / Consumer banking
The story
Founded in 2021 as a couples-focused neobank offering a novel 'Split Account' to help partners share expenses without a traditional joint account. Raised $3.5M from Anthemis and YC-affiliated investors in 2022 but struggled to achieve scale in a competitive consumer banking market. Products were ultimately sunset and the Ivella team was absorbed by EarnIn, marking the end of Ivella as an independent company.
Product timeline
2021
Ivella founded by Kahlil Lalji in Santa Monica, California, focused on banking products for couples.· banking
2022
Launched the Split Account product and raised $3.5M seed round led by Anthemis.· banking
2023
Expanded product suite to include Joint Account and personal savings products for couples.· banking
2024
Products sunset; Ivella team joined EarnIn to continue development.· pivot
The stack
2 layers disclosed in Ivella’s embedded-finance stack
Banking / BaaS
Sponsor bank
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.