Umbra Capital
10 Lower James Street, London, W1F 9EL, United Kingdom
Overview
Umbra Capital Partners is a merchant bank that invests in UK-based small-to-medium enterprises. It leverages its proprietary technology-based platform to help clients identify the most relevant partner for each opportunity, as well as helping businesses capture and analyze key data to make better decisions. The company was founded in 2018 and is headquartered in London, England.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Finance
- Financial Services
- Small and Medium Businesses
Investment portfolio
- Hastee
Led · Equity · Dec 2019
Hastee offers a mobile app benefit that allows employees to receive their earned pay immediately. Workers can choose to withdraw up to 50% of their gross pay for completed work, while employers may restrict availability to below 50% if they wish. Users receive their first withdrawal each month—up to £100—free of charge; subsequent withdrawals incur a 2.5% transaction fee. Customers cited in the article include London City Airport, IRIS, Avery Care Homes, and Mitchells & Butlers. The company is led by Founder & CEO James Herbert and is based in London, UK. Hastee has stated it will use the newly raised funds to develop and grow its solution and business.