£2.5M
The seed round was led by Aviva and Fair by Design to support product expansion.
Fair by Design is a venture fund managed by Ascension Ventures and backed by Nationwide, Big Society Capital and Joseph Rowntree.
Portfolio
2
companies
Tembo Money
A financial technology platform transforming consumer lending and mortgages for first time buyers.
Credit Kudos
Challenger credit bureau using open banking to transform credit assessment.
The seed round was led by Aviva and Fair by Design to support product expansion.
AlbionVC leads Series A round in challenger credit bureau Credit Kudos.
"In these challenging times, it’s more important than ever that people have access to the right financial products. We believe open banking will soon be the standard for credit assessments and, as the first regulated Credit Reference Agency with the capability to measure creditworthiness using open banking data alone, we are in a fantastic position to provide a service that is needed now more than ever."