Monva is an FCA approved, customer-centric intelligent comparison platform for financial products and services. It combines Artificial Intelligence (AI), machine learning and smart technology to enable its customers to select the most accurate financial product they wish to buy or invest in. Monva is initially targeting the Credit Card market, which will be followed by Loans, Energy, and Communications, which already represents a potential £3 billion opportunity. The company is targeting 80% of the adults in the UK market that have either never switched a financial product or switched only once. With the investment, the company will build the platform to make it more user friendly, develop strategic partnerships, and recruit staff who specialise technology and marketing.
days to go:
Expired
investment:
£479,440
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
Oyako is a distance-control application that aims to reduce the stresses and strains on children's eyes. The company asserts that an increase in mobile technology usage has led to an increase in myopia (nearsightedness) in children. It also leads to parents incurring a cost by way of purchasing spectacles along with a cost to the National Health Service (NHS) and medical insurance companies. By 2050, half of the global population will be short-sighted if current trends continue. Oyako aims to solve this issue through its application. Oyako's prototype app uses a simple traffic light design to signify safe or damaging scenarios, intelligently controls the phone camera without compromising battery usage, and is available on the App Store and Google Playstore. Oyako will use the investment to finalise its application and take it to market at £6.99 per download.
days to go:
Expired
investment:
£131,641
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
Love2Laundry is an application that offers users the ability to place orders, including specific wash preferences/settings, track order status in real-time and make amendments as required. The company asserts that it offers flexible collection, return times and locations, both inside or outside of office hours, allowing customers to be in complete control. Love2Laundry services the whole of London, has launched in major UK cities in the North of England and expanded internationally into Dubai, Dublin, Bahrain, Kuwait, Lahore and Amsterdam, with more cities in the pipeline. It claims to have successfully raised £186,000 in the first round of crowdfunding in 2017, delivered over 78,000 + orders to date and is working with major Airbnb management companies to provide linen and cleaning services registering a revenue growth of 143%. Love2Laundry points out that its delivery vehicles are fully electric having completed 170,000 + zero carbon emission miles deliveries. The company will use 15% of the investment towards technology development, 15% towards expansion research, 20% towards recruitment, and 50% towards marketing.
days to go:
Expired
investment:
£417,969
Seers Group LTD is a Data protection and Cybersecurity leader in the UK. It's a one-stop-shop for all industries related to the new data privacy laws and cybersecurity. In fact, it considers itself the UK's number one GDPR and cybersecurity expert. Seers Group is partnering with several businesses, accountancy firms, membership bodies, and has access to 300k businesses, which include even the early stage business. Furthermore, its user base is growing by 300% MoM. Seers' aim is to build a Business Development and Support staff to end partnership deals and give expert advice wherever needed.
days to go:
Expired
investment:
£255,001
Zobi is a technology company that aims to secure smart devices in a home against any potential attacks by a fraudster or fraudulent entity. Zobi's first device and app, Hedgehog, aims to address this issue. Hedgehog can anonymously monitor the Wi-Fi of a user, detect and block suspicious activity or devices, and show a user the security loopholes and the means to plug them. Zobi claims that there are currently around 135 million connected homes and, by 2025, the spending per year on smart home devices is said to be $160 billion. It aims to be a major contender in the smart home security sector. The company won the European Product Design Award 2020 and secured $120,000 worth of grants from Amazon and Google for its cloud services. Zobi will use the investment to build partnerships and its business development team, expand its offerings to other regions, scale-up marketing and PR, and recruit a senior Chief Technology Officer (CTO).
days to go:
Expired
investment:
£511,386
CCell plans to disrupt the coastal protection industry by offering a natural, beautiful, long-term solution to tackle increased global coastal erosion. It aims to guard beaches against erosion by using 100% renewable energy to create beautiful artificial reefs far quicker than the natural process. The technology is patented in the UK, the US, China, and Japan. CCell has established relationships with hotels and local governments in Mexico. With the funds, CCell will establish up to 200 metres of reef in partnership with one of Mexico’s biggest government department. Furthermore, the company will maintain development and secure initial adopters.
days to go:
Expired
investment:
£514,070
Darqube is a comprehensive platform for smarter investing. The company aims to equip finance enthusiasts, novice traders, and professionals with financial technology instruments, trading analytics, and algorithmic trading tools to hasten investment decisions. The company has multiple financial products on its platform like forex, mutual funds, cryptocurrency, and bonds. In 2019, the company launched 'Terminal', a comprehensive trading analytics platform. The year 2020 saw the company launch 'TradeLab Beta', an algorithmic trading platform, and 'Messenger', a messaging platform tailored to the needs of finance enthusiasts. Darqube has 5000 monthly active users and 75,000+ community followers. The company has also been featured in prominent publications like Business Insider, Yahoo Finance, and Marketwatch. The company will use 40% of the investment towards growth and user acquisition, 25% for product improvement, 25% for team expansion, and 10% as operating costs.
days to go:
Expired
investment:
£461,811
