A decentralised banking platform with already more than £13.5m dedicated for software development. BABB intends to become a licensed bank in the UK and is raising funds for the capital required to do so. The company aims to allow anyone access to a bank account, as well as a mobile app for customers to make payments, lend money and exchange currencies.
days to go:
Expired
investment:
£1,362,430
Voyager Cannabidiol (CBD) is a health and wellness company focused on producing high-quality CBD and hemp seed oil products. It argues that CBD is beneficial for the human heart, stomach, bones, brain and intestine. Voyager CBD intends to be a contender in the CBD market that is expected to be worth £1 billion with 1 million regular users in 2025. Voyager CBD asserts that it raised £500,000 in an oversubscribed seed funding round in November 2020. The company has also launched VoyagerLife, a complementary range of beauty and skincare products, in February 2021. Voyager CBD will use the investment to launch new and innovative products, build brand recognition via SEO and digital marketing, ensure that the brand fulfills big orders and demonstrate its financial security to big retailers, and integrate its own manufacturing and extraction capabilities.
days to go:
Expired
investment:
£733,818
Zvilo aims to become a major challenger bank in the Balkans for Balkan people living in the European Economic Area (EEA). It plans to disrupt the outdated Balkan banking sector and become a contender in an estimated remittances per annum market worth €14 billion. The company asserts that it has procured a letter of intent for a pilot program that would allow it to offer business lending to 800+ Small and Medium Enterprises (SMEs) and financial services to 45,000+ potential personal banking customers. It has also initiated a licensing application with the Central Bank of Kosovo and partnered with Mastercard as its card partner. Zvilo will use the investment to formalise its application for Supply Chain Finance (SCF) licensing in Kosovo, execute its strategic partnership agreement with its Kosovar partner retailer, prepare for a second fundraising round, and expand its services.
days to go:
Expired
investment:
£666,085
Billmonitor is a revolutionary price comparison site/tool that provides the best money-saving deals. Founded by the quintessential Oxbridge boffin for mobile phone services, Billmonito is accredited by Ofcom, the UK telecoms regulator. Its tool analyses the user's ACTUAL usage via the last three months' billing data. The company's fully digital, consumer-based, and consultancy-led business services are managed by a highly competent staff. In 2018, Billmonitor delivered growth of more than 400% via Business Renewals. In May 2019, it increased its connections from less than 100 to more than 2500. The company's aims to further expand its client reach by targeting revenue growth of 75 percent in the coming three years. 50% of the proceeds will be used in consumer services, 30% in business services and 20% in working capital needs.
days to go:
Expired
investment:
£235,272
Strowz is an innovative, all-in-one financial lifestyle App that allows users to create multiple savings buckets earning 2% interest, link bank accounts and credit cards, invest in high growth funds, and set up customised round-ups. The Strowz App combines technology, finance, lifestyle and helps users save and invest intuitively. As of May 2020, Strowz savers have targeted over £3.6 million across 260+ savings buckets. The company also won the 'Best Programmatic Technology For Trading Award' for three consecutive years in 2017, 2018, and 2019 from WSL and Fund Technology awards. The company's growth strategy will include 'Word Of Mouth' referrals, social media & digital ads, strategic partnerships, amongst others. The company will use the investment funds to increase growth, focus on product development, and launch Strowz in Canada and the US.
days to go:
Expired
investment:
£275,009
Unifi is a social community app designed by university students for university students. The app allows students to discover one another, connect, debate, find local work and interact in the campus marketplace. Unifi aims to create micro-communities across campuses. The company aims to solve the problem of isolation and lack of inclusion on university campuses, which have populations of anywhere between 20-40,000 students. The company conducted surveys amongst 1,000+ student participants where over 85% ultimately responded that they would use Unifi. They will use 40% of the investment for marketing expenses, 21.5% for paying staff, 25% for app development, 11% as working capital, and 2.5% as administrative costs.
days to go:
Expired
investment:
£243,038
Body Rocket is a company that aims to revolutionise athlete performance by developing real-time aerodynamic analysis. Its proprietary wind tunnel sensor can be fitted discreetly on any roadgoing or track bike. The device measures drag and gives relevant data that can be used to reduce aerodynamic force whilst cycling. In a $2.1billion market, Body Rocket aims to bring forth this technology to individuals and organisations. In December 2019, the company's patented system was validated in the University of Southampton wind tunnel, an industry-first achievement, which attracted considerable interest from industry press, pro teams, and university researchers. With the investment, the brand will formalise strategic partnerships with pro teams, build its current prototype to a Minimum Viable Product (MVP) by the end of 2020 and launch its commercial product at Eurobike 2021.
days to go:
Expired
investment:
£251,892
Decimal Factor arranges payments and lends to small and medium-sized businesses with stable funding. The company is working on open-banking-enabled data capture to build a digital campaign with portals, applications and merchant management tools. The company aims to use cloud-based technology to make payments. The funds will be used for marketing, technology, operations and management.
days to go:
Expired
investment:
£860,387
Hope is an online fashion brand that targets the 50+ woman demographic. Founded in 2015 by Nayna McIntosh, who has more than 30 years of experience in the fashion industry, the company has 34,000 subscribers and 6,300 customers. The brand is 'Made in Italy' or 'Made in UK' using recycled cashmere and 100% recyclable packaging. Hope has 1600+ reviews on Trustpilot and has been featured in The Sunday Telegraph/Woman & Home and The Telegraph Magazine. With the proceeds, the company will invest in digital advertising and web development.
days to go:
Expired
investment:
£268,312
Reef Knots is a direct-to-consumer menswear brand that was launched in 2013. Inspired by the ocean and summer, the brand has grown its reputation with silk ties and innovative print design but has now ventured into multiple categories, including upcycled ocean plastic swim shorts and knitwear using 50% recycled plastic. Since April 2014, the brand has made sales worth £2 million catering to more than 22,000 orders. Moreover, Reef Knots is now a profitable business with 108% online growth. With the investment, the brand will accelerate online sales through digital marketing channels and invest in a core team to generate further sales in wider demographies.
days to go:
Expired
investment:
£176,220
