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Status: Active

Oct 6th 2020 - Feb 2nd 2021

14 days left

Bippit is a wellbeing platform that provides employees with financial consultancy from a professional with zero cost to the employees themselves. The company asserts that COVID-19 has made financial consultancy services difficult to access for employees. Bippit aims to resolve this situation. It is available in mobile and desktop formats and integrates with an employees’ entire financial life through 'Open Banking'. Bippit argues that this helps staff members receive all the tools they need to learn, plan, and take action concerning their finances. It also helps companies save time and money, ensures that employees receive an impartial support system, and allows financial experts to get an extra revenue stream. The company will launch an Initial Public Offering (IPO) likely within 5 years if it moves beyond strategic acquisition.

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Bippit Rating Review

Rated on 14/10/2020

Pitch Rated

82%

Gold

Management

80%

Product

79%

Investment

88%

Pitch rating powered by CROWDRATING

  • £73,000
    pledged
  • 97%
    of goal

    £75,000
    target

    £2,871,955
    pre-money valuation

    2.55%
    equity available

    1
    investors

    £73,000
    pledge per investor

    11360377
    company number

    Active
    company status

    14/05/2018
    incorporated 3 years

    £14.40
    share price

    Previous Funding rounds
    06 Oct 20 Angels Den £73,000 / 97% 82.33%
    News

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
Click here for more information on our ratings
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Management 80%

Skills 82%
Bippit has a management team of professionals who come with technical, consulting and financial skills. The CEO/Co-Founder is skilled in Wealth Management, Personal Finance, Data Aggregation, Data Analysis, and Ratio Analysis. Their CTO/Co-Founder is specialised in Data Analysis, Project Management, Visual Basic, Programming, and Python. Their CPO/Co-Founder has skills to build the brand and increase brand awareness through Client Relations, Relationship Management, Presentation Skills, Decision Making, and Communication. Also, we note that the CEO/Co-Founder is overseeing the overall finances of the company.

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Funding progress

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  • £73,000
    pledged
  • 97%
    of goal

    £75,000
    target

    £2,871,955
    pre-money valuation

    2.55%
    equity available

    1
    investors

    £73,000
    pledge per investor

    11360377
    company number

    Active
    company status

    14/05/2018
    incorporated 3 years

    £14.40
    share price

    Previous Funding rounds
    06 Oct 20 Angels Den £73,000 / 97% 82.33%
    News
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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