Fomo Enters Top 5 US Finance Apps, Surpassing Cash App and Kalshi

According to Bitcoin.com, Fomo, a social crypto trading app for Robinhood Chain and other networks, entered the top five finance apps in the US on August 21, briefly rising to third place, surpassing Cash App and prediction market Kalshi, and is currently in the top 15.

Founded by Paul Erlanger and Se Yong Park, Fomo 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 completed a $75 million Series B funding round, bringing cumulative disclosed equity funding to approximately $94 million.

Fomo supports Solana, Base, BNB Chain, Monad, and Robinhood Chain, allowing users to view real-time trades of followed accounts, track leaderboards, and copy trading signals, with funds available for instant deposit via Apple Pay. Its cumulative installs on Google Play have exceeded 1 million, with over 600,000 users and trading volume exceeding $4 billion.