Snoop raises £10m on Seedrs to scale its money-saving platform.
The crowdfunding campaign drew participation from over 1,700 investors including Pierre Lagrange.
Snoop operates an open banking platform that provides personalised financial insights to help users manage their money and reduce household expenses.
Snoop has secured £10m in a crowdfunding round hosted on Seedrs, attracting over 1,700 investors. The raise included participation from former financier Pierre Lagrange, alongside existing backers Havisham Group, Sir Lloyd Dorfman, and Salesforce Ventures.
The capital will be deployed to scale operations, expand the firm team, and accelerate product development as the fintech prepares to launch its new automated bill management service. This latest injection brings the total capital raised by the company to £19m since its launch earlier in the year.
From the founder
"We’re all about making it as easy as possible to put a big chunk of cash back in people’s pockets and want to make Snoop the most valuable app on everyone’s phone. We’ve made great strides since we launched in April and we’re thrilled with the support from customers in the crowdfund. We will now accelerate development of the platform, broaden our smart money-saving services and continue to scale the business."
John Natalizia
CEO at Snoop
Use of funds
- 01Continue product development
- 02Scale operations
- 03Grow the team
