Infinity Circle (IC) is a digital wealth creation platform that aims to create an ecosystem where wealth management meets social media in a way that is cyber secure, respects a user's privacy, and complies with the Financial Conduct Authority's (FCA) rules. IC intends to vet and distribute the best-in-class products for each asset class on its platform that is planned to be partly automated and partly operated by specialists who can guide a user. IC asserts that its CEO Elisabeth Dana has worked with the likes of Barclays Private Wealth, handling average accounts of £50 million while its CTO, Ashley Adkins, is a coding expert who has put his talent at the service of the UK Government before starting his private practice. It will use 40% of the investment for technology innovation, 30% for upgrading operations, and 30% to market the platform's launch.
days to go:
Expired
investment:
£335,390
ETHOS are a established unique health yoga and fitness studio looking to build a second studio in London Spitalfields.
days to go:
Expired
investment:
£709,460
Float is a financial wellness platform that aims to improve employee health through reduced financial stress. The company asserts that many of the UK's workforce struggle from one payday to the next with 41% of workers holding less than £1,000 in savings. It aims to change this scenario. The company combines an organisation's database containing employee financial records and other details with open banking to drive better purchasing power for its users. Float hopes to channelise the aforementioned technique into generating additional sources of revenue by tapping into data such as salary advances, bank revenue, loan brokering revenue to name a few. It will use 40% of the investment in sales and marketing, 35% in product development, and 25% as operational costs.
days to go:
Expired
investment:
£569,790
RoosterMoney is a pocket money application & debit card that aims to transform the way kids learn about money around the globe. It has more than 200,000 monthly active users. The company launched a Visa prepaid debit card in the UK, in July 2019, with over 16,000 card users. RoosterMoney has featured in publications like the Guardian, The Times, and the BBC. Its 'Pocket Money Index' has been quoted on CNBC, The Wall Street Journal (USA), and the Sydney Herald (Australia). The company will use 30% of the investment in marketing, 40% in team and product development, and 30% in upgrading its technology and payment infrastructure.
days to go:
Expired
investment:
£2,263,290
Peerport Limited (trading as MultiISA) is targeting the multi-million-pound market and claims to offer a holistic approach to Individual Savings Account (ISA) management. The company asserts that traditional ISA managers don’t give users enough flexibility with their investment choices. Current ISA rules restrict investors to only one ISA of each type per tax year. This impedes the investors’ ability to build a diversified IFISA portfolio. Peerport argues that its portal offers investors the freedom to operate multiple accounts like Innovative Finance ISA (IFISA), Cash ISA, and Stocks & Shares ISA under a single ISA management platform. The company will use the investment to finalise the build-out of its end to end platform, fund its office space, manage marketing costs, oversee staffing costs, pay regulatory fees and supervise working capital.
days to go:
Expired
investment:
£6,033
With new MiFID II regulations introduced in January, Hiddensee provides independent investment research mainly on forensic accounting and corporate governance. Analysts will search for inconsistencies and anomalies in the valuation of UK listed mid-cap and smaller companies and publish their reports to assist investors in deciding whether to buy or sell shares.
days to go:
Expired
investment:
£143,097
iHuman Fitness Ltd brings the gym into the 21st century. The company offers fitness classes that move away from conventional gyming methods – big room with lots of people and perspiration – instead downsizing it into compact, personal training sessions where people interact with instructors on a human level. Sessions are a maximum of five, meaning a low ratio of participants to instructors.
The company established its flagship gym in St. John’s Wood in May 2014. Since then it has grown to run 8 classes a day with 371 members. Along with its pop-up gym in Canary Wharf, which has attracted 100’s of people through its doors since opening in Summer 2015, the company is currently making sales of £7,560.
With £80,000 investment for 10% of the business, iHuman Fitness will open a second permanent location in Canary Wharf – to be called The Office – with its pop-up site proving that there is a market for its popular take on fitness in the area.
All going well, a third branch will open in Liverpool street by the end of 2016, and with all three sites bringing in business, by the end of 2018, the company expects to make total revenues of £1,876,700.
The idea for iHuman was born from a rather somber chain of events. Owner Mohamed El-Kadey was only young when he suffered the loss his father to a heart attack. At the age of 26 he realised his own health was taking a downward spiral and feared he might suffer the same health issues as his late dad. This prompted him to re-evaluate his health and fitness, taking on a variety of fitness challenges including the London 2010, Berlin 2011, and Paris 2013 marathons as well as taking a new approach to nutrition.
He decided he wanted to help people benefit from health and fitness – much in the same way he has in an attempt to prevent ill health for as many people as he could reach. This led to the opening of the first of his gym’s in 2014, offering small scale fitness classes that enable participants to actually learn about health and nutrition on a personal basis from instructors.
days to go:
Expired
investment:
£13,320
Nutmeg is on a mission to equalize capital management, which can help people in conquering their life goals. The company is the largest digital wealth manager brand, and it manages over £1.7bn for over 70,000 customers in the UK. It offers three investment styles through a pension account, a general investment account, an ISA and a Lifetime ISA. Furthermore, the company has launched in Taiwan, with B2B and international plans. The company has ambitious growth plans and to emerge as the fastest and trusted growing digital wealth manager in the world.
days to go:
Expired
investment:
£3,783,549
Much Better Adventures (MBA) is a specialist adventure travel, media and lifestyle platform built for the time-poor, experience-hungry millennial generation. MBA's curated collection of award-winning adventures span 46 countries and counting, covering weekend trips or long expeditions to exotic places. It aims to become a contender in the $683 billion adventure travel market. MBA grew revenues 187% Year-on-Year (YoY) for 6 months leading up to February 2020 and recorded sales worth £1.24 million in January-February 2020. It also launched the 'Tourism Declares a Climate Emergency' campaign and became the first travel company to release a carbon label for all trips. MBA will use the investment to expand and diversify its range of trips worldwide and grow its customer base in international markets like the USA.
days to go:
Expired
investment:
£1,338,400
Juggle helps companies hire, manage and retain experienced professionals on flexible contracts. The company has onboarded more than 9000 professionals and over 700 businesses on its platform. Juggle asserts that its portal is completely free for companies to post jobs wherein professionals will receive a recommendation to the right opportunities based on their profiles. Juggle allows both companies and candidates to manage the timesheet and payment formalities through its platform once a contract is agreed upon. The company claims that 85% of professionals recommended by its platform are interviewed. Juggle aims to become a contender in the online recruitment industry that is projected to reach $36.2 billion by 2027. It will use the investment to make additional hires in certain key positions, expand product features, and apply to the FCA for a license to handle payments at a larger scale.
days to go:
Expired
investment:
£467,537
