• Stream

  Participated · Series C · Apr 2022

  Stream, founded in 2018 and formerly known as Wagestream, delivers a workplace finance platform that lets employees access earned wages early and use integrated tools for saving, budgeting, and financial planning. By partnering directly with employers, the company positions its services as low-cost alternatives to high-interest short-term credit products. Stream now works with more than 2,000 employer brands and serves about four million workers across the UK, Europe, and the United States. According to the company, members have collectively saved over $200 million by avoiding high-cost financial products. The platform has evolved to include savings pots, budgeting guidance, and affordable credit options, and Stream plans to add pensions next. Management intends to use new capital to deepen its product suite and accelerate U.S. and broader international expansion. To date, Stream has raised $228 million in total funding from a roster of more than 75 investors.

• Tembo Money

  Led · Equity · Aug 2021

  Tembo Money offers a mobile platform that integrates savings products such as Lifetime ISAs, Cash ISAs, and Fixed Rate ISAs with a free digital mortgage advice service. Its newest product, HomeSaver, links saving and borrowing by providing a 5.24% savings rate to customers who later use Tembo for their home purchase or remortgage. The app continues supporting users post-purchase by tracking their mortgage in real time and surfacing the best available remortgage rates from both their existing lender and the broader market. Tembo’s leadership claims the company is on track to capture 20% of the UK first-time buyer market within two years, highlighting strong growth ambitions. The fresh capital will fuel further expansion of its app functionality and the development of a fully end-to-end home-buying platform. No revenue or user numbers were disclosed in the article. The company is led by co-founder and CEO Richard Dana.

• Homeppl

  Participated · Equity · Nov 2020

  Homeppl combines anti-fraud technology with Open Banking data to screen tenants, protect landlords from fraud, and reduce discrimination in access to housing. The company says it protected clients from potential losses of more than £3 million during 2021. Homeppl has a team of more than 30 professionals and plans to double its headcount within the next year. The recent funding round raised $1.4 million at a $13.5 million post-money valuation, bringing total seed capital to over $5 million. The proceeds are expected to fund the next phase of growth as the business moves toward a Series A and to support expansion into several European cities. Investors and supporters cited belief in the proposition and the team’s ability to scale. Homeppl is a London-based tenant referencing platform founded by Alexander Siedes. It assesses tenants' real risk level, enabling letting agents to fast-track growth while reducing fraud, default, and delays. The system leverages Open Banking along with proprietary behavioral analysis and fraud detection tests to evaluate tenants' financial situations and ability to afford rent. Homeppl serves large letting firms including Knight Frank and the Countrywide Group and has approved more than £1bn of revenue to its clients. The company is a Barclays Techstars participant. It plans to use new funds to expand further in the UK rental market and to add staff in R&D, operations, and sales.

• Credit Kudos

  Participated · Series A · Apr 2020

  Credit Kudos is a U.K. challenger credit bureau that analyses customers’ bank account transaction data via open banking to build more accurate pictures of financial health and creditworthiness. The company offers a platform lenders can integrate to use open-banking data in existing underwriting workflows, aiming to reduce defaults, speed decisions, and lower assessment costs versus less scalable methods. Credit Kudos says its approach gives borrowers control over sharing bank data and can reach customers who are underserved by traditional credit scores. Last year the startup onboarded more than 50 new lenders, including FTSE100 firms, independent credit unions and community finance vendors, and has partnerships with ClearScore, CarFinance 247, and Mojo Mortgages. Its revenue model charges lenders a monthly fee based on the volume of transactions processed. The company is led by co-founders and executives Freddy Kelly (CEO) and Matt Schofield (CTO), and positions itself as the first regulated challenger in the market putting control in borrowers’ hands. The business recently raised external capital in a Series A to support growth and platform adoption. Credit Kudos operates an Open Banking-based platform that provides lenders, brokers and financial institutions with transparent scoring based on consumer-consented account data. The company aims to advance financial inclusion by delivering a fairer representation of individual creditworthiness. Credit Kudos is an FCA-authorised credit bureau and an Open Banking Account Information Service Provider (AISP). It was co-founded by software engineers Freddy Kelly and Matt Schofield and launched its Open Banking platform in January 2018. The startup plans to use new capital to drive further growth in the UK, support expansion into Europe and invest further in its platform. The company sells its scoring and data services commercially to financial-sector customers.

• Youtility

  Participated · Equity · Feb 2020

  Youtility provides a decision science platform delivered via APIs that analyzes real-time behavioral signals to identify emotional drivers and blockers behind consumer choices and recommend next-best actions across marketing, sales, and customer engagement channels. The platform emphasizes behavioral 'Think-a-Likes' over demographic 'Look-a-Likes' and is designed to operate in real time without requiring large infrastructure investments. Youtility works with financial institutions and consumer businesses—customers and partners include Santander UK, Virgin Money and Monese—and has multiple proof-of-concept deployments in the U.S. Early deployments have produced strong results, including a 17% sales lift in a campaign with a UK bank. The company is headquartered in Richmond, Virginia and London and plans to scale deployments as it prepares for a future Series A.

No current team members are available.