SteadyPay

SteadyPay provides financial stability products for gig workers and micro enterprises.

London, UK—Founded 2018—Website

£6.7MTotal raised

SteadyPay operates a financial stability platform that provides income smoothing and credit products for gig workers and micro enterprises. The company uses open banking and machine learning to support workers with fluctuating earnings.

Founders

John Downie

Co-founder and CEO

Oleg Mukhanov

Co-founder and COO / CFO

Investors

Series A8 March 2022
£3.8M
DH
Digital HorizonLead
AV
Ascension VenturesFollow-on
Future Fund
Series A22 January 2020
£2.9M
HP
Hambro PerksLead
AV
Ascension VenturesLead

Funding history

Series A8 March 2022

£3.8M

SteadyPay raises £3.8m in Series A funding led by Digital Horizon to support gig workers

Digital Horizon led the Series A round for the financial stability platform, with participation from Ascension Ventures and the UK government.

Series A22 January 2020

£2.9M

SteadyPay secures £2.9m in seed equity and debt to expand its gig economy financial app

The financing round was led by Hambro Perks and Fair By Design.