ABAKA Holdings

wealthtech-retailpersonal finance management

FOUNDING YEAR: 2016
LOCATION: United Kingdom
Last Update: 17/07/2020

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About

ABAKA is an intelligent savings platform which gives employers the potential to improve the financial wellbeing of their workforce. ABAKA enables employers to improve employee benefits awareness, directly communicate and engage with their staff, and helps to put employees in control of deciding what they need and when.

Focus

PRODUCTS & SERVICES

AI-powered intelligence platform for savings and pension to employees. ABAKA's advisory tool helps employees to develop their own financial knowledge levels by providing them with timely financial guidance and personalized nudging.

MAIN CLIENTS

Retail customers

COMMENT

Abaka leverages artificial intelligence to provide employers to improve the financial wellbeing of their workforce via a savings platform for employees to manage their pension plan through their smartphones.

People

FOUNDERS

Fahd Rachidy

Benoit Launay

NUMBER OF EMPLOYEES

11-50

INVESTORS:

ACE & Company

Anthemis Exponential Ventures

Anthemis Group

Downing Ventures

Exponential Ventures

Thames Trust

KEY EMPLOYEES:

Fahd Rachidy(CEO); Benoit Launay(CTO)

Momentum

FUNDED

YES

TOTAL FUNDING

$9.82 M

DATE OF LAST FUNDING

Dec 2019

SEED & PRIOR FUNDING

$3.32 M

SEED CLOSED ON

Aug 2017

FUNDING SERIES

SERIES A  · $6.5 M  · Dec 2019

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2016

LOCATION:

United Kingdom

Views:

113 VISITORS | 219 VIEWS
LATEST FUNDING ROUND

$9.82 M

TOTAL EMPLOYEES
11-50

About

ABAKA is an intelligent savings platform which gives employers the potential to improve the financial wellbeing of their workforce. ABAKA enables employers to improve employee benefits awareness, directly communicate and engage with their staff, and helps to put employees in control of deciding what they need and when.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
People+
Other+

Innovation Programs

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