• FOUNDING YEAR: 2014
    LOCATION:
    United Kingdom
    REGION:
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
The company provides a software vault where it has thefoloowing banking serices - 1- Smart Contracts - it hold banking products, including current accounts, loans, savings, mortgages and credit cards. 2-Databases - It is ledger that stores every transaction and signed contract in a single place. 3-Workflows - It holds an operating model that can be built for KYC, fraud checking, payment processing. 4-Banking Operations Website - it handles all bank activity including servicing customers, product management, financial management, compliance. 5-Customer API, Website and Mobile App - It provides ful banking facility like transactions, payments,account management,KYC, change of address, bank communications and spending insights. 6-Customer Data Management - Operations staff can view customer activity, transactions and use of products. 7-Integrations - It holds the integration facility that can be connected to a bank's existing infrastructure or uses a range of third parties for KYC, cards, payments, fraud and credit risk. Along with this it had a Deploying Vault - 1- Cloud Native - It uses a microservice architecture that can be deploying large scale, secure, transactional systems as per the requirements. 2-Security - It uses Encryption, TLS, mutual authentication and network segregation to prevent malicious agents from stealing our clients' data. 3-Continuous Deployment - It holds a feature to trace of all changes going into the product and track the tickets, review them.

PEOPLE

FOUNDERS:
Paul Taylor (CEO)
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Lloyds Banking Group
KEY EMPLOYEES:
William Montgomery (CTO), Peter Ebden (Chief Infrastructure Officer), Matt Wilkins (COO), Travers Clarke-Walker (Chief Sales & Marketing Officer), Gemma Gardiner (CFO), Mark Warrick (Chief Design Officer)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$23.5 Millions
DATE OF LAST FUNDING:
Nov 2018
TOTAL FUNDING COMMENT:
The company will use the funds to accelerate it's digital transformation. (Nov. 2018)
FUNDING SERIES:
SERIES A
$23.5 Millions Closed: Nov 2018
LISTED:
NO

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