Coconut is an online accounting and tax tool for self-employed people. Given that the self-employed population in the UK is around 5 million, the company aims to become the go-to financial management application in this sector. Recently, Coconut opened up its accounting and tax platform to anyone with a current account or credit card from a list of 20 different UK banking partners. This collaboration allows users to see crucial information such as expense management and tax categorisation, invoicing and tax, amongst other data within minutes, which is a significant improvement from the time-consuming procedure followed by traditional cloud accounting products. In the last 12 months, Coconut has grown to 25,000 registrations. The company will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£2,375,544
KogoPAY is a start-up fintech mobile payment company which offers quick, simple and economic regional & global money transfer with the help of an application. The company has a UK FCA licence, and it is on the last step for EU EMI licence. KogoPay has 1000 customers signed up and has been chosen to join the Mayor of London Business & Partners Accelerator. The company is planning to use the funds to complete rollout over Europe and Asia and to invest in advanced performance and customer service using Artificial Intelligence.
days to go:
Expired
investment:
£198,620
Revix aims to revolutionise the investing experience for millions of people. It wants to become a platform that makes investing in Alternative Investment Assets (AIA) such as Artificial Intelligence (AI), Biotech, renewable energy, eSports, venture capital, cryptocurrency, and art a simple, engaging and automated affair. The company endeavours to simplify complicated terms so that customers understand what they’re investing in and what the associated risks are. Users can create personalised financial targets and set customised triggers that automatically transfer funds when activated. The company will use 37% of the investment for paying personnel, 42% for marketing, and 21% for security and regulatory advances.
days to go:
Expired
investment:
Withheld
HireHand is a VC-backed platform connecting people and businesses. The company has helped more than 2000 people in earning £3M by giving valuable support to 750 businesses owners in the UK. It has 750 businesses on its platform and it has received a 4.5-star quality rating from businesses. HireHand aims to provide people with stability and flexibility instead of under-employment and insecurity. It has been featured in the Financial Times media platform. HireHand has received funding from Mustard Seed Impact VC. With the proceeds, the company will hire additional technical talent and launch in New York (food retail) and London construction (scaffolding).
days to go:
Expired
investment:
£1,011,505
Leading Edge Only (LEO) is a platform that connects global corporations to innovators, startups, small and medium enterprises and scale-ups. Since 2018, LEO has worked with over 25 major corporations such as Britsh Petrol (BP), Marks & Spencer (M&S), Tarmac, Walgreens Boots Alliance, and Ford. It is currently in talks with Salesforce, GlaxoSmithKline (GSK) and Costa Coffee, as well as, 600 universities such as Harvard and Imperial College to build plausible tieups. Its innovations have grown from 2000 to 16000 in the last two years. The global R&D budget of the world’s Fortune 1000 is $782 billion, growing 11% annually. LEO aims to be a strong contender in this segment connecting innovation seekers to innovation providers. Since its launch, LEO has attracted over 25 blue-chip global clients who have paid to have access to over 16,000 cross-sector innovations. The company will use the investment to develop its Intellectual Property (IP) and build LEO into a valuable global brand.
days to go:
Expired
investment:
£377,690
Legal Connection (LC) is on a mission to democratise the $1 trillion legal profession, and enabling networks of legal professionals to compete with large partnership firms. The company asserts that the UK leads the world in being a friendly regulatory environment for freelance lawyers and virtual firms. LC aims to capture this sentiment and provide the aforementioned lawyers with the right technology so that they can group to provide a comparable service to large firms at a fraction of the price. LC argues that its product looks like a social networking tool but functions as a legal case and practise management suite wherein all the work takes place in secure chat rooms. Lawyers are also allowed to leverage third-party managed accounts to hold client money and execute transactions. LC was selected by Antler Venture Capital and given a pre-seed investment of £120,000. LC will use the investment to grow its user base, continue product development, and use technology to power the future of law.
days to go:
Expired
investment:
£211,874
Found, as the name suggests, aims to become the go-to community across the UK for lost properties, offering a better and simpler way for the public to get their property back. The company is noted by Insurance Post as the 'Top 6 insurtechs to watch for 2020.' It has also won the Start-Up Guernsey Angel Pitch Event sponsored by Barclays. Found offers multiple potential revenue streams (insurance, software subscriptions, SaaS and analysing data) with both B2B and B2C channels. Found will employ 30% of the proceeds, in product development, 25% in team development, 10% for the insurance product, 10% in operations, and 25% for its launch in Bristol and UK wide BD.
days to go:
Expired
investment:
£254,372
The Big Exchange (TBE) is an investment platform and money management app that seeks to build a movement to transform the lives of millions of people by building a fairer financial system. The company aspires to help drive real change to people and the planet, whether it is lowering carbon emissions, contributing to social housing or protecting wildlife. TBE points out that its low-cost investment platform, comprehensive money management tool, and marketplace where people can find products that can have a positive impact on their lives and those of others can help in this regard. TBE has been awarded 'Best Sustainable ISA 2021' by Boring Money, 'Top Sustainable Platform for 2021' by Good with Money, and 'Best Innovation in Investment' by Financial Services Forum Innovation Awards. TBE intends to dominate the estimated £7.1 billion impact investment funds industry. They state they will use the investment received to help build a fairer financial system for everyone.
days to go:
Expired
investment:
£404,064
Almond provides businesses and consumers with a method to understand their carbon footprint and use the company's proprietary offset tools to become carbon neutral. Consumers can earn Almond Tokens when purchasing products from Almond's partnering sustainable brands. The Almond Tokens can be spent on their website The Almond certification label on products enables them to demonstrate their commitment to protecting the environment, consumer health and building a better society for all. The core idea is to build a market that's geared towards sourcing and selling sustainable products. The green economy market is worth $4 trillion. The offset market was $300 million in 2018, having grown over 140-fold in 10 years. Almond seeks to be a market leader in this domain. It has also partnered with reputed institutions such as the World Wildlife Fund, and the Stockholm Environment Institute (carbon analytics). With the investment, the company aims to further the popularity of its existing Almond App and have more people join its ecosystem.
days to go:
Expired
investment:
£522,540
British Pearl is a property investment platform facilitating share & loan investment in property. It is an FCA authorised investment manager which allows fractional international investment in the property without any hassle. British Pearl has won ten award nominations, three speaker engagements and has been featured in over 20 media including the Times, the Daily Mail and the BBC. With the proceeds, the company will grow the sales, increase property sourcing and develop the platform's features.
days to go:
Expired
investment:
£910,132
