Fomo Enters Top Five Financial Apps in the U.S., Surpassing Cash App and Kalshi

Fomo is a social crypto trading app aimed at the Robinhood Chain and other networks. On August 21, it entered the top five financial apps in the U.S., briefly reaching third place, surpassing Cash App and the prediction market Kalshi, and is currently ranked in the top 15. Fomo was founded by Paul Erlanger and Se Yong Park and launched its public beta in May 2025. In November 2025, it completed a $17 million Series A funding round led by Benchmark, with participation from 140 angel investors; it subsequently raised $75 million in a Series B round, bringing its total disclosed equity financing to approximately $94 million. Fomo supports Solana, Base, BNB Chain, Monad, and Robinhood Chain, allowing users to view real-time trades of their followed entities, track leaderboards, and copy trading signals, with funds available for instant deposit via Apple Pay. It has accumulated over 1 million installs on Google Play, with more than 600,000 users and a trading volume exceeding $4 billion.

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