MyPocketSkill secures seed funding from Ufi Ventures to expand financial capability platform.
Ufi Ventures backs the teen finance platform as part of its latest investment round.
MyPocketSkill operates an earning and saving platform targeted at young people aged thirteen to twenty-four. The technology company helps users build financial capability, establish savings goals, and improve employability.
MyPocketSkill has secured seed investment from Ufi Ventures to scale its Earn Save Learn approach. The fresh capital will support the company as it works towards its goal of reaching over a million young people in the coming years. Ufi Ventures joins an existing roster of backers that includes angel networks, individual investors and the SyndicateRoom EIS fund.
From the founder
"At MyPocketSkill we are passionate about supporting young people to develop the skills to become employable and the financial habits to become financially capable, which often go hand-in-hand. We are delighted that Ufi Ventures decided to join our investment round to support us on our journey and see strategic value in their investment. Our goal is to reach over a million young people in the next three years and this funding puts us well on target."
Zara Ransley
at MyPocketSkill
Investor perspective
"MyPocketSkill’s platform enables young adults to engage in work, providing invaluable experience and understanding of the benefits of employment including self-esteem, financial independence and confidence. We are delighted to support MyPocketSkill to develop the vocational skills of young people. The founders have identified an area with enormous potential at a pivotal stage in people’s careers."
Helen Gironi
Director, Ufi Ventures
Use of funds
- 01Fund the next phase of growth
Investors
About the company
MyPocketSkill
MyPocketSkill operates a financial capability and earning platform for young people.