EVERYTHING raises £1.7m in seed funding to launch its social finance platform in the UK.
The funding round was backed by angel investors and entrepreneurs including Sujay Tyle and Framtid.
EVERYTHING is a UK based fintech company building a social finance application targeted at younger generations. The firm offers a debit Mastercard that pairs spending and saving with a modern take on Premium Bonds.
London based fintech company EVERYTHING has secured £1.7m in a seed funding round from a collective of high profile angels and entrepreneurs. The capital will support the upcoming launch of the firm's debit card and rewards platform in the UK market.
Participants in the raise include Sujay Tyle, Frontier Car Group founders Peter Lindholm and Ricardo Donoso, Axel Arigato co-founder Albin Johansson, and angel collective Framtid. The company plans to use the proceeds to officially launch its services following an initial waitlist phase.
From the founder
"Premium Bonds are the UK's biggest and probably most loved savings product. Premium Bonds haven't evolved for decades but remain popular across age groups, often gifted across generations. We want to reinvent Premium Bonds to make them more accessible for younger generations and inject the excitement of winning into everyday finances like spending and saving without the risk of losing,"
Michael Wilkinson
co-founder and COO at EVERYTHING
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About the company
EVERYTHING
EVERYTHING builds a social finance application that reinvents Premium Bonds for younger generations.