The digital finance company secured £20m in Series C investment alongside a major portfolio acquisition agreement with Bank of Ireland UK.
"This announcement with Bank of Ireland UK is an exciting and important development in Jaja’s journey and is part of our strategy to create partnerships that will help more people embrace a simpler way of managing credit. Our vision is to enable a new generation of mobile-first credit card products with unrivalled functionality, service and security. We’re excited to be welcoming Bank of Ireland UK customers as cardholders."
The impact investment platform secured backing from over 1,000 investors to expand its user base and build new features.
"tickr was built to smash this perception by providing a simple and forward-thinking way to invest in truly transformative companies combating social and environmental injustices, while potentially earning strong returns on their cash."
The round was led by Merian Chrysalis Investment Company and Arts Alliance.
"There’s no two ways about it – the banks are failing businesses: they have failed to innovate, failed to integrate and, fundamentally, failed to provide SMEs with sufficient capital to grow,"
