• FOUNDING YEAR: 2014
    LOCATION:
    United Kingdom
    REGION:
    Last Update:
    26 Dec, 2018
    Phone:
    +44 191 256 2935

Description

FOCUS

PRODUCTS & SERVICES:
Mobile banking app
MAIN CLIENTS:
SMEs, Retail customers

PEOPLE

FOUNDERS:
Mark Mullen
Board Members and Advisors:
Anthony Thomson
NUMBER OF EMPLOYEES:
201-500
INVESTORS:
BBVA, Toscafund Asset Management, British Business Bank, Woodford Investment Management, Marathon Asset Management, Polar Capital, Anthemis Group, British Engines, Middleton Enterprises, RCP
KEY EMPLOYEES:
Mark Mullen(CEO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$555 Millions
DATE OF LAST FUNDING:
Mar 2018
TOTAL FUNDING COMMENT:
The company is planning to use the funds for continued growth as a lender and for investment in technology and business capabilities (March 2018).
SEED CLOSED ON:
Jun 2014
SEED PRIOR FUNDING COMMENT:
An undisclosed fund raised in June 2014.
FUNDING SERIES:
SERIES A
$39.1 Millions Closed: Dec 2014
SERIES B
$128 Million Closed: Nov 2015
SERIES C
$102 Million Closed: Mar 2017
SERIES D
$207 Millions Closed: Mar 2018
LISTED:
NO
COMMENT:
Debt funding: $ 38.1 M(June 2017)

LATEST RESEARCH