Quirk Money raises £300k in pre-seed funding from SFC Capital and angel investors to expand its team and product offering.
SFC Capital and angel investors backed the pre-seed round to support team growth and product development.
Quirk Money is a consumer fintech startup that provides a personal finance application using personality testing to deliver tailored financial advice. The firm aims to help young professionals improve their financial literacy and independence.
Quirk Money has secured £300k in pre-seed funding from SFC Capital and angel investors. The company will direct the capital towards team expansion, product development, and its broader mission of building financial freedom.
The London based fintech builds financial guidance around psychological personality traits to help young professionals navigate their personal finances. More than 10,000 people have taken its money personality test since launch, with a public app store release scheduled for March 2021.
From the founder
"There is no 'one size fits all' answer when it comes to managing your finances. What should I do with my savings? What’s the difference between good debt and bad? A lot of young people we talked to felt there was a lot of information out there but it lacked context on their financial situation and advice on what tangible actions they should take."
Nafeesa Jafferjee
Co-Founder and Chief of Product at Quirk Money
Use of funds
- 01Grow the team
- 02Continue product development
Investors
.png)
Categories
About the company
Quirk Money
Quirk Money provides a personal finance app that delivers tailored financial advice based on personality tests.