Gretel enables financial organisations to quickly and easily reconnect customers with lost insurance products, bank accounts, pensions, savings and other investments. It has built an AI-enabled platform based on open finance, bespoke APIs and a deep understanding of asset reunification to automate customer reconnection and comply with regulatory challenges. The platform aims to transform a process that can take up to three months into one that takes three minutes and will continue monitoring for newly identified lost monies once a consumer signs up. Gretel is launching a dashboard imminently and is currently engaged with a number of leading banks and insurers ahead of market launch. The hub will be free for all consumers and the company plans complementary product developments to further address lack of digitisation in the space. The business highlights regulatory tailwinds such as the Dormant Assets Bill and points to nearly 20 million lost UK customer accounts with a combined value of over £50bn as the market opportunity.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2022