pariti

lendingwealthtech-retailpersonal finance management

STATUS: Acquired/Merged
FOUNDING YEAR: 2014
LOCATION: United Kingdom
Last Update: 10/07/2020

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About

Pariti was acquired by Tandem in March 2018, it is a smart finance management app that allows users to link their bank accounts and credit cards which help to manage their debts. The app which automatically forecasts the upcoming income and bills to calculate how much user can afford to spend each week and provide proactive warnings to help the user stay on track.. Pariti provides debt repayment tools, free educational resources and access to low-cost loans through their lending partners.

Focus

PRODUCTS & SERVICES

Automated finance management app for individuals. The app helps users to pay down high-interest debt whilst increasing their financial knowledge.

REVENUE MODEL

The company generates revenue by charging commission fee from their lending partners.

MAIN CLIENTS

Retail customers

People

FOUNDERS

Matthew Ford

BOARD MEMBERS AND ADVISORS

Matthew Ford

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Index Ventures

JamJar Investments

Simon Menashy

Startup Funding Club

Timothy Creswick

KEY EMPLOYEES:

Matthew Ford(CEO)

Momentum

FUNDED

YES

TOTAL FUNDING

$710 K

DATE OF LAST FUNDING

Sep 2015

SEED & PRIOR FUNDING

$710 K

SEED CLOSED ON

Sep 2015

LISTED

NO

Innovation Programs

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2014

LOCATION:

United Kingdom

Views:

97 VISITORS | 182 VIEWS
LATEST FUNDING ROUND

$710 K

TOTAL EMPLOYEES
1-10

About

Pariti was acquired by Tandem in March 2018, it is a smart finance management app that allows users to link their bank accounts and credit cards which help to manage their debts. The app which automatically forecasts the upcoming income and bills to calculate how much user can afford to spend each week and provide proactive warnings to help the user stay on track.. Pariti provides debt repayment tools, free educational resources and access to low-cost loans through their lending partners.

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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