The digital wealth manager has raised £35m from a syndicate led by Fidelity International Strategic Ventures to expand its product range.
"Our mission is to help people build wealth with confidence so they can enjoy life today and tomorrow. This new round of investment enables us to create even better services to help our customers succeed across their home-buying, retirement, savings and investing missions. By continuing to focus on the large and under-served mass market we believe we are on a path to create the UK’s category-defining wealth platform. We celebrate this moment with deep gratitude for our amazing team, our loyal customers, and our supportive investors."
The funding round was co-led by Northzone and LocalGlobe to support team growth and product development.
"For too long, credit cards have taken advantage of consumers. Hidden fees, discriminatory credit scoring, and rewards that belong in the 1990s, all in the interest of bank’s quarterly earnings,"
The funding round includes backing from Flutterwave, Techstars, PactVC and Daniel Gould.
"Our mission is to open this up to Android users across the UK and Europe. In doing so, we’re helping businesses grow faster, by taking the pain out of complex payment systems so founders can focus on what’s important: improving the customer experience and developing their business."