WyzePay is a platform for the issuance and sale of corporate digital currency. It helps businesses by giving them access to advance working capital, customer acquisition and retention, and consumer behaviour analytics into one turnkey platform. It gives customers access to a marketplace to avail discounts, where they can buy, manage and spend their currency. The company strives to ensure that customers receive tangible financial benefits while helping local businesses to prosper. WyzePay claims that its coins are stored in a digital wallet that can be used as a payment method on NFC terminals or online. It further stresses that its coins can’t be lost or stolen, are fully transferable, and never expire. WyzePay states it will use the investment for product development and team growth.
days to go:
Expired
investment:
£617,214
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
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
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
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
Project Imagine (PI) is a startup focused on financial equitability for all. The company aims to build a financial service that doesn’t profit from short term unsecured debt, but one that grows with its customers and does everything it can to help them achieve their financial dreams. PI launched a current account, smart budgeting, saving tools and access to investment products from the likes of Blackrock and Vanguard in January 2019 in the UK consumer market. It has raised over £18 million to date. The company was named one of the UK’s 'Top 10 Best Banking Apps' by finder.com and recognised alongside Samsung and Apple in the technology section of the Global Brand Awards as the 'Best Innovation in Fintech'. It will use the investment to become the go-to platform for managing a user's money, bring together diverse fintech innovation from around the world into one common standard, and retain the most driven execution talent to boost company profits.
days to go:
Expired
investment:
£2,160,625
AxiaFunder is a commercial litigation funding platform that offers investors access to pre-vetted cases. The platform aims to connect eligible investors like sophisticated retail investors, high-net-worth, and typically institutions with claimants seeking funding. Launched in January 2019 with the first case fully funded within seven days and the third in 7 hours; 5 cases financed to date, attracted over 355 registered investors so far including several institutions and has featured in several prominent publications including the Financial Times, Times and City AM. Also, they have won the 'Best Commercial Litigation Crowdfunding Platform 2019' award by Wealth & Finance. AxiaFunder plans to use the proceeds to make key hires particularly to strengthen its case origination, further development of its platform and marketing to build the AxiaFunder brand and grow its investor base.
days to go:
Expired
investment:
£256,780
Samson VT is an online platform that allows a user to convert a design or intellectual property into a 'Virtual Twin' i.e., a digital replica of any entity. The platform is redefining how organisations think about, manage, and interact with data by connecting previously siloed data and replacing paper and PDF publications. Its vision is to pioneer Virtual Twin as a Service (VTaaS), a subscription model affordable to small and medium enterprises. With £250,000 Angel funding in February 2019, the brand built SamsonWEB, its cloud-based platform that allows organisations to start their digital transformation journey by uploading a Computer-aided design (CAD) file onto its portal. Its SamsonCORE then allows the user to virtually take apart the product, viewing everything from the serial numbers for individual components, to service records for parts. And, with SamsonLIVE, the user can connect, store and visualise Internet of Things (IoT) data to build a fully functioning virtual twin. The IoT market is estimated to reach $11.1 trillion by 2026 furthering the need to shift to work and think digitally in a comprehensive manner. In January 2020, to compliment SamsonWEB, SamsonCORE, and SamsonLIVE, Innovate UK awarded the company with a £500,000 grant to develop SamsonAI. With the funds received, the company aims to invest 30% of it on SamsonAI alongside Innovate UK Grant, 30% on SamsonCORE development, 20% on marketing and sales, and 10% on outstanding suppliers.
days to go:
Expired
investment:
£206,485
Cuckoo is an internet broadband provider. The company claims that incumbent internet providers treat customers with poor customer service, high prices, and complicated contracts. Cuckoo aims to change this by providing users with fair and transparent prices, simple contracts, high-quality routers, and responsive customer service. The company is currently developing its website and billing engine ahead of launching with its first customers in the second quarter of 2020. Cuckoo's business is in the pre-revenue stage. It expects to start generating revenue in May/June 2020 when they launch their broadband service. Cuckoo will use 50% of the investment towards paying salaries to staff, 25% as technology development fees, 10% as professional fees, 5% as rent, and 10% as AOB. Cuckoo's exit strategy is via a trade sale or listing in the United Kingdom.
days to go:
Expired
investment:
£69,622
Outfts is a fashion marketplace that serves retailers, influencers, and consumers merging the traditional marketplace concept with expanding social features. Users can shop via storefront, creator profiles, shoppable social feed, or search and product listings. Outfts is focused on 'Female First' creators. Outfts claims to bring together a growing collection of more than 55 retailers, combining over 3000 brands and over 1 million products. The company live tested its private beta, with three carefully selected clients namely, H&M, Urban Outfitters and MATCHESFASHION, and multiple influencers. It has acquired over 50 more high-profile clients, including Coach, Kenzo, MANGO, Harvey and many more. Outfts says it will use the investment to hire key personnel, manage operational expenses, manage marketing initiatives, oversee its app development, and expand outside of the European market, beginning with the US.
days to go:
Expired
investment:
£198,047
