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The North East Development Capital Fund

The North East Development Capital Fund

Venture Capital

Portfolio

1

companies


Portfolio companies

Pockit

Pockit

Pockit provides digital banking services for low income and financially excluded groups.


Recent investments

Series C
$10.0M

Puma Private Equity led the growth financing for the financial super app, which will fund product diversification and customer acquisition.

"For too long, low-income and underserved communities have been let down and left behind by financial services. At Pockit, we’re committed to not only opening doors for these people, but giving them the tools and support they need to feel financially empowered. It’s a problem that has been growing for years, and in the wake of the current economic climate, it’s only set to become more entrenched and more devastating for millions. We want to be the financial champion for those who need it most and this funding allows us to continue being there for even more people in many more ways."
— Virraj Jatania, CEO