Stark is a blockchain connected software application that allows businesses to accept digital currencies peer-to-peer via online and instore routes. The application supports same-day settlements supporting 30 international currencies and endeavours to make acquiring a 'Merchant Acquiring Account' (MAA) an effortless task for business owners and entrepreneurs. Payment companies, gateways and financial technology providers can integrate with Stark to offer new solutions to their business clients. Stark's goal is to build a team that is passionate about technology and helping businesses succeed. The company will use the investment to enter the market with an effective sales-focused marketing campaign.
days to go:
Expired
investment:
£182,366
Effie is a machine designed to automatically iron your clothes at home. The prototype of the machine was created to automatically iron the shirt regardless of its size, colour, or cut. This technology is patent-pending that underpins this process. There are over 350,000 registrations from customers who are willing to buy the product. The product has been covered by many reputed media platforms like Evening Standard, House Beautiful, UNILAD and many more. With the investment proceeds, the company will take its patent-pending technology and further develop it into a fully-completed prototype which is fully user-tested.
days to go:
Expired
investment:
£1,021,600
CakeDrop is a cake scheduling and delivery platform revolutionising office cake culture. The company's products, it claims, helps save office managers' time, brings teams together, and provides a lucrative route to market for local artisan bakeries. In the wake of Covid-19, the company adapted itself to provide cake by post which has proved to be a profitable move with companies wanting to treat staff at home. CakeDrop sells packages of 5, 12, 25 or 50 cakes, which appear as a credit on a customers' online account for them to schedule for delivery as-and-when required. The company delivers its cakes via zero-emission bikes. It has featured in publications like British Baker Magazine, City AM and Business Daily and has witnessed an 84% repeat purchase rate on packages from 2018 onwards. The company will use the investment to improve its marketing campaign, upgrade its platform, hire staff and boost product development.
days to go:
Expired
investment:
£100,621
Muniy makes banking easy for everyone, spreading a digital banking revolution with a focus on improving user experience, not only for familiar banking functions, but extending into other areas, such as retail experience, where people spend money. With Muniy's recently launched personal mobile money application as well as Muniy contactless card in the UK and Europe, the company aims to be at the forefront of banking innovation. The application can be used to pay via QR code, Mastercard, or for P2P transactions. By paying with Muniy, customers connect with merchants anonymously allowing the latter to profit from lower transaction processing costs. The company aims to introduce personalised rewards to its customers and soon launch the application in the Middle East. The company will utilise the investments to run a pilot in the UK and the European Union is a political and economic union of 27 member, and leverage a mature market to establish a foundation quickly in order to introduce their core financial services to key markets in the Middle East.
days to go:
Expired
investment:
£207,510
UnderPinned gives freelancers a single, dedicated platform to learn how to build a successful business, find clients, manage their work, and help them get paid on time. The company aspires to build a connection with users that ensures everyone thrives through its accelerator programme, community, and content. UnderPinned asserts that its accelerator programme allows it to achieve day one unit profitability before converting users to subscribers. It claims to have made £12,772 in revenue with £8,000 spent on marketing in its first month of programme sales in January 2021. The company argues that COVID-19 has accelerated freelancing, moving away from traditional employment. UnderPinned has a community of over 20,000 subscribers and growing. It says itvwill use the investment to scale its team, marketing and product development as it focuses on expanding in the US and EU markets.
days to go:
Expired
investment:
£629,086
StanMe aims to be the first community marketplace to enable collaboration and co-selling between independent creators. It asserts that the majority of creators have to continuously learn techniques to market themselves, adapt to social platforms’ ever-changing algorithms, and grow and maintain a large community to generate a sufficient amount of sales. StanMe claims that not all can do so and intends to address this situation with its services. It launched its public beta in July 2020 with more than 1,000 users and has processed over 130 transactions since its beta launch. StanMe claims it has more than 1,900 pre-registered users on its waiting list and aspires to become a contender in the creator economy valued at $11 billion in 2019. It will use the investment to accelerate its growth, invest in technology, and boost marketing initiatives.
days to go:
Expired
investment:
£164,080
B-North is creating an SME business bank that will deliver fast decisions with loans being given in two weeks. Its model is formed around strong relationships with both brokers and customers. B-North is in a positive conversation with the British Business Bank for Tier 2 debt, and its FinTech enabled lending platform is excellent. The funds will be used to expand the team and develop the platform. The company also aims at assembling a highly-experienced and ambitious management team supported by a heavyweight board.
days to go:
Expired
investment:
£2,815,350
Freetrade is an award-winning, commission-free investing application. In the investment industry, high commissions and clunky products can make it complicated for people to start their investment journeys. This is where Freetrade comes in by offering a simple, transparent freemium pricing model where the user can pay for the premium features they want. The company is an FCA-regulated stockbroker and a member of the London Stock Exchange. Its new proprietary brokerage platform, Invest by Freetrade, has scaled smoothly while keeping costs low. It also consists of new features such as free Instant Orders & real-time deposits compatible with Apple Pay/Google Pay. The company has also shipped fractional shares, breaking down another barrier to investing. 150,000+ customers are enrolled in the ecosystem with a 500% growth Year-on-Year (YoY). The company's app won the Best Online Trading Platform at the British Bank Awards 2019 and 2020. With the investment, the company aims to grow engineering & marketing and continue expansion into Europe.
days to go:
Expired
investment:
£7,015,011
Lumio is an intelligent and independent application that intends to help people grow their money on autopilot. Lumio argues that £176 billion of lazy money is depreciating in the UK while for Europe, that number stands at £10 trillion. Lumio aims to optimise this money for everyone so that everyone can gain access to financial security and decide their financial future. The company claims that over £90 million worth of user transactions has been analysed by its smart algorithm. It has more than 6000 users on iOS and Android, which is growing 20% monthly. Lumio was recognised as part of the 'Top 100 Fintech Disruptor' by BusinessCloud in 2020, ahead of Monzo and Seedrs. It has also featured in Forbes, Tech Nation and Sifted by FT. It will use the investment to grow 1 million customers' money by 2024 and accelerate financial independence and personal progress through its technology.
days to go:
Expired
investment:
£1,149,659
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
