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Status: Active

Aug 24th 2020 - Oct 3rd 2020

14 days left

Zumo is a wallet and payments platform that aims to make traditional money and cryptocurrency work together. The company asserts that its blockchain-powered smart wallet is a safe and simple way to trade, store, transfer and spend cryptocurrencies. Its ecosystem comprises of three core products, namely Zumo App, ZumoKit and Zumo Pay. The company has raised £3 million in equity funding across three investment rounds. It has also soft-launched on the App and Google Play stores in November 2019 and grown to nearly 1000 users in that time. Zumo will spend 39% of the investment on human resources and hiring, 39% on product development, 17% on marketing, 5% on administrative costs, 3% on legal costs, 1% on rent, and the remaining on employee expenses and loan repayment.

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Zumo Rating Review

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  • 49% and under
    We suggest potential investors carry out further study of their own
    Room for improvement
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    Gold rating, our highest rating
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Management 87%

Skills 82%
The management team of 'Zumo' certainly covers almost all the significant roles that are required to run the business. The Founder/CEO/CMO is competent in Digital, Social Media Marketing, Business Strategy, E-commerce, Start-ups, Business Development and Search Engine Marketing (SEM). The CEO also takes responsibility as the CMO of the company. The Co-Founder/Chief Product Officer skills include Computer Hacking, Nunchuku Skills, Search Engine Optimisation (SEO), Digital Strategy, Web Analytics, Affiliate Marketing, Conversion Optimisation and Content Strategy. The COO is skilled in Operations Management, Stakeholder Management, Project Delivery, Risk Management, Project Portfolio Management, Business Process Improvement and Organizational Design. The Lead Blockchain Architect skills include Web Design, Web Development, User Interface Design, Interaction Design, Corporate Identity, and Graphic Design. The CFO is skilled in Start-ups, Online Advertising, Financial Reporting, Account Management, Managerial Finance, Management Accounting, Financial Services, Google Analytics and Google Adwords.


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  • £1,308,369
  • 118%
    of goal


    pre-money valuation

    equity available


    pledge per investor

    company number

    company status

    incorporated 3 years

    Equity Calculator
    Previous Funding rounds
    24 Aug 20 Seedrs £1,308,369 / 119% 84.33%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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