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Technology

Snoop

Status: Active

Sep 23rd 2020 - Oct 30th 2020

1 day left

Snoop is an application that aims to save a user's money by using data analytics. Snoop falls under the Financial Conduct Authority's (FCA) regulated Open Banking technology. The company asserts that Snoop can help every household in the UK save at least £1,500 each year. The app lets a user connect his/her bank accounts and credit cards to Snoop to observe all the balances and transactions together from a single portal. Snoop also watches a user's bills and lets the user know if he/she is paying too much or if there’s a price hike. The app also creates a 100% personalised feed of money-saving ideas based on the user's spending patterns. Snoop has grown to over 100,000 downloads and 75,000 customers since early 2020, delivered over 1 million money management tips to customers, and featured in publications like The Guardian, Financial Times, and The Telegraph. It will use 57% of the investment to grow its business, 21% to develop app functionality, and 22% for business operations.

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  • £5,772,050
    pledged
  • 115%
    of goal

    £5,000,000
    target

    1,494
    investors

    £3,863
    pledge per investor

    11797870
    company number

    Active
    company status

    30/01/2019
    incorporated 2 years

    Previous Funding rounds
    23 Sep 20 Seedrs £5,772,050 / 115%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph