Fuel Ventures led the seed round to help the platform develop new features and expand its product range.
"A majority of people in the UK and Europe aren’t doing enough to save for their future. With banks providing all-time low interest rates, we have seen appetite for investing grow, many feel overwhelmed with the perceived complexity of handling shares. Our goal is to make investing in the stock market relatable and less scary. With a low starting point of £10, anyone can try it out"
Ada Ventures led the Series A financing round to support team expansion and product development.
"We believe that within the next 5 – 10 years ‘impact investing’ will just be called ‘investing’. It’s the only way our generation wants to invest, and because of that they’re driving industry-wide structural change. We think this change has only just started, and within the next few years it will completely transform financial services and how people think about their money"
The pre-seed round was led by SFC Capital with backing from the Barclays Accelerator and angel investors.
"For many companies, this is the first time they have needed to prepare this information and they are operating at a disadvantage as compared to investors."
The Manchester based digital franchise network raised the capital from GC Angels and private backers.
"Too much time in mortgage advising is taken up by bureaucratic procedures – we wanted to build a digital platform that would remove this burden from advisers, allowing them to focus on all-important client relationships. However, we needed to build something that was flexible enough to fit the incredibly varied mortgage advisory process."