Frost is a Manchester-based e-wallet platform launched in May 2022 by Pawel Oltuszyk and Edyta Sliwinska. The app provides intuitive spending insights and money-saving tools, including the ability to switch household utility providers within the app. Frost plans to add Google Pay as a payment method and introduce video verification to ease customer onboarding. The company is working toward net zero carbon emissions and issues a physical card made from recycled plastics while offering users insights into utility providers' green credentials. The £1.1 million funding will be used to hire more developers and equip staff to raise service levels as the startup scales.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2022