The pre-seed round features backing from business leaders including Louis and Reg Rix, Anthony Morrow, and Gary Corbett.
"I believe Boodil have identified a gap in the market with their proposition, which is being highlighted by the early adoption of their one click cardless payment solution. Myself and Reg have experience in Open Banking, utilising it for 247Money and believe Boodil has the potential to really disrupt the open banking payments market"
— Louis Rix, Co-founder of CarFinance 247 & 247Money
The Manchester based financial wellness platform has raised pre-seed capital from Haatch Ventures and various angel investors to develop its product and test growth strategies.
"There are many personal finance apps helping people to manage money, but no-one is combining that with specifically addressing the underserved needs of women and the amazing power of community."
The funding round was backed by FNZ alongside industry executives and existing investors to expand enterprise capabilities.
"FNZ remains committed to solving the problems faced by consumers of long-term savings products, by using our own technological and servicing capabilities and by supporting wider independent innovations in the sector. We are building an ‘App Store’ for our platform customers, enabling startups and third-party providers to seamlessly connect with platforms and provide services to platform users – promoting choice within the wealth management solutions market."