Wi-Fi Securities Limited is a cyber security company that aims to revolutionise the security of public access Wi-Fi. To realise this vision, the company is developing a unique patent-protected system called SpriteGuard™ which will protect you and your data from hackers by stopping you connecting to fake hotspots. The system is targeted towards the $550 bn worldwide hospitality industry and has the ability to expand to other large global markets like city-wide free Wi-Fi, airports and coffee shops. Moreover, Wi-Fi Securities Limited has a highly experienced Wi-Fi Securities management board that has a track record of delivering multi-million-pound projects from concept to successful commercial deployment.
days to go:
Extended
investment:
£1,014,708
Medic Bleep is a simple, secure and innovative patient-focused solution to communication challenges that healthcare professionals and the wider team in the UK National Health Service (NHS) face while going about their everyday work. It is saving each nurse & each junior doctor an estimated 48 minutes per shift. This coincides with the UK's Department of Health calling for a ban on pagers. If implemented across the NHS, it could free up the time to care for an estimated 11,000 nurses. To ensure data privacy and safety, the company allows communication to occur via the app. As a result of these safeguards and its user-friendly portal, the company's app has been downloaded 16,000 times by UK doctors and nurses. With the funds raised, the company will aim to solve looming technology gaps for over 30% of the NHS in the next 3 years and expand globally.
days to go:
Expired
investment:
£814,600
Nuw is a clothes-sharing app and community that aims to empower people to reduce the environmental impact of fashion on the planet. It grew from a community trial at Trinity College, Dublin to an app that is available nationwide across Ireland and the UK. Till date, the company has over 3800 registered users. Nuw has developed a bespoke impact calculator with the London Waste and Recycling Board to accurately measure the carbon, waste and water offset of each share on the app. This information is shared with Nuw members so they understand the positive environmental impact they create by sharing and swapping on Nuw. It has also developed partnerships with UPS and Parcel Motel to offer users a contactless, affordable and convenient delivery option. The company will use 66% of the investment for team salaries, 24% for marketing, 8% for overheads, and 2% for monthly subscriptions.
days to go:
Expired
investment:
£131,219
Qardus is an ethical and Sharia-compliant financing platform for social impact Small and Medium Enterprises (SMEs) and investors. Qardus asserts that the 3.8 million Muslim community in the UK, and 25 million in Europe, is massively underserved when it comes to accessing interest-free (Sharia-compliant) structures. It intends to change this. Qardus offers up to £200,000 in innovative interest-free business financing to eligible SMEs for tenors of up to 24 months and is Financial Conduct Authority (FCA) approved. Qardus points out that it has provided over £250,000 in financing to some high social impact SMEs during the COVID-19 pandemic, maintained a 100% track record with a 0% default rate to date, and featured in media entities like Sifted, Islamic Finance News, Peer-to-Peer Finance News, and Fintech Futures amongst others. It will use 30% of the investment on marketing costs for acquiring SMEs and investors on its platform, 60% on growing its team, and 10% on obtaining additional licenses to expand its services.
days to go:
Expired
investment:
£313,009
Bitstocks is a financial technology application built entirely on blockchain. The company intends to bring to customers the benefits of bitcoin in a simple & accessible personal account format. It asserts that 76% of UK adults use online banking. Its product, Gravity, currently offers BSV, BTC, GBP & EUR pairings, with investment accounts for customers to buy, sell & store bitcoin. The company is registered with the Financial Conduct Authority (FCA) and integrated with Faster Payment System & Single Euro Payments Area provider. Bitstocks has 1,800+ registered customers, with 650+ joining through referrals. It will use the investment to scale & develop the next phase of Gravity, bring forth stablecoin to enable tokenised global micropayments, and introduce personal accounts, debit cards, savings & loans.
days to go:
Expired
investment:
£1,105,596
Upside is a financial technology entity that allows its users to earn cashbacks on current purchases so that they can save on their next purchase. The app uses an open-banking-marketing-platform that enables customers to automatically start saving by harvesting upside from their everyday spending and allows retailers to sell more inventory. Upside claims that 11.5 million people in the UK have less than £100 in savings. It aims to solve this problem and become a contender in the cashback segment. Since its incorporation in January 2020, Upside has raised £540,000+ from founders and SEIS Angel Investors. It has also signed-up 700+ consumers as private alpha testers to smoothen the app. The company will use the investment to onboard more retail partners, build out a self-serve retailer platform, build out Upside-as-a-Service Application Programming Interface (API) gateway, and prepare for Seed funding in Q1 of 2021.
days to go:
Expired
investment:
£351,047
RightIndem is a white-label insurance software platform designed to deliver fast claims to claimants on its portal. The company develops and sells its own proprietary cloud-based digital claim process management software ‘as a service’ to the global insurance market. Insurtech is a vast market and attracts large amounts of investment, with $4.36 billion invested in the first three quarters of 2019. Till date, it has contracted clients such as Axa XL, Archipelago, NN Belgium, NN Netherlands, and Mapfre, with engagements at various levels of implementation and progress in the UK, Italy, Peru, US, and South Africa. They have also earned regard for automating claims processes form some of the world’s largest insurance organizations allowing for the settlement of low to mid-value claims within hours instead of days or months. With the proceeds, the company will connect operating expenses to the point where client revenues from claim volumes match operating costs.
days to go:
Expired
investment:
£200,001
TheCarCrowd is a Passion Asset Investment (PAI) platform that intends to address the lack of investment options for the 8 million UK millennials by allowing them to take a real equity stake in a classic car and benefit from the potential appreciation. The company argues that classic cars appreciated 194% over 10 years up to Q4 2019 as per expert reports. TheCarCrowd points out that its portal allows interested investors to buy shares in cars from just £20 and unlock the benefits of potential appreciation. The company asserts that its business idea has found traction amidst users with over 620 investors registering on the portal since the company's launch in November 2020. TheCarCrowd will use 12% of the investment for Public Relations (PR), 48% for marketing, and 40% for working capital.
days to go:
Expired
investment:
£379,108
Baanx is a B2B2C mobile banking platform offering cutting-edge services in remittance, spending & blockchain. The company takes pride in its innovative customer acquisition process through partner communities. The BaanxCL already has a CL™ VISA Debit Card, Crypto-Payment Gateway, a Crypto-Exchange, Stablecoins, and other exciting features. The company is also partnering with new brands around the world which are not banking already but have large user communities to connect. The company is aiming to target 100,000 users by Q2 2020 with the assistance of Super Seed Investors. With the proceeds, Baanx will hire additional team members, spend funds on marketing, and launch services in South America and Asia.
days to go:
Expired
investment:
£658,200
Donr is an online fundraising platform intending to revolutionise access to donation solutions for welfares and charities of all sizes. The company has served over 1,450 charities to raise £500,000 in the first year from launch. The Northstar Ventures has invested £300k, who are following on. Donr was on #33 in BusinessCloud's 100 FinTech Disrupters of 2019. The funds will be used for powerful fundraising tools, team expansion and team growth.
days to go:
Expired
investment:
£249,740
