incuto offers an end-to-end digital banking platform designed to help credit unions and community banks digitise services and communicate with members. The platform is used by over 40 credit unions and has more than 500,000 registered users. incuto has established partnerships with Experian, Telefonica, Google and TransUnion, and recently announced integrations with ClearBank and the Post Office to expand payments and cash access. The company was founded in 2016 by CEO Andrew Rabbitt with John Neasham and Les Walker, and currently has a team of over 30. incuto is HM Treasury’s sole technology partner for a two-year pilot of a prize-linked savings scheme for credit unions. The latest funding will support UK rollout to more credit unions and preparations for overseas expansion.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2020