Coconut

neobanks / digital banksover the top

FOUNDING YEAR: 2016
LOCATION: United Kingdom
Last Update: 12/08/2020

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About

Coconut provides a neo-bank for freelance and self-employed workforce that helps its users to track its business expenses, assess tax, and send payment reminders by opening a bank account through its platform.

Focus

PRODUCTS & SERVICES

Automated tax and expense management platform for freelancers and self-employed people.

Traction

TRACTION COMMENT:

Since launching, the platform now has 3,000 accounts open to date. (Nov. 2018)

People

FOUNDERS

Adam Goodall

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Angel Investment Network

Apollo Informal Investment

Chris Adelsbach

Crowdcube

MassChallenge

QVentures

Techstars

Techstars London

Wild Blue Cohort

KEY EMPLOYEES:

Sam O’Connor(CEO); Allistair Crossley(CTO)

Sam O'Connor

Momentum

FUNDED

NO

TOTAL FUNDING

$2.42 M

DATE OF LAST FUNDING

Nov 2018

TOTAL FUNDING COMMENT

The company will use the funds to growth and expansion of it's platform. (Nov. 2018)

SEED CLOSED ON

Jul 2017

CROWDFUNDING

$2.42 M

LISTED

NO

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