Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Top Tech Stats: Rising ransomware, praise over pay and much more

News

Startup Weekly: IKEA Bootcamp, Nesta’s ShareLab Fund and much more

Government & Policy

Theresa May: Tech giants should be encouraged to do more to fight online extremism

Press Releases

Zzish hits £1.15m funding target on Crowdcube for technology that will democratise quality education and move the needle on learning
Okappy announces the launch of its investment pitch on the AngelsDen equity crowdfunding platform
Recruitment disruptor talent.io poised for further growth with €8m investment secured

FinTech firm Squirrel raises £460,000 on crowdfunding platform SyndicateRoom

squirrel
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

London-based FinTech startup Squirrel has raised £459,871 on crowdfunding platform SyndicateRoom, exceeding its £400,019 target.

The FCA-authorised firm’s personal financial management and savings app is designed to help people regain control of their money.

Mutaz Qubbaj, CEO and co-founder of Squirrel, said: “My main motivation for founding Squirrel was to make a real social difference. With a growing community of 8,000 people and rising, it is truly rewarding to hear the personal feedback from customers on how Squirrel has changed their habits with a positive impact on their personal financial management.

PropTech startup SPCE raises £280,210 on crowdfunding platform Seedrs

He went on to say he aims to use the funds raised via SyndicateRoom to expand the company’s customer base further and diversify its product offering.

Squirrel currently works not only with individuals, but businesses too, having partnered with health services, debt management companies and counselling providers across the UK.

Gonçalo de Vasconcelos, CEO and co-founder of SyndicateRoom, said: “We’re thrilled to welcome Squirrel as the latest UK company to join the varied SyndicateRoom success story portfolio.”

“Squirrel is a great example of opportunities offering both a disruptive and scalable business centred on creating meaningful, positive social outcomes,” he concluded.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Top tech stats

Top Tech Stats: Rising ransomware, praise over pay and much more
posted 18 hours ago

Startup Weekly

Startup Weekly: IKEA Bootcamp, Nesta’s ShareLab Fund and much more
posted on May 26, 2017

Theresa May

Theresa May: Tech giants should be encouraged to do more to fight online extremism
posted on May 26, 2017

Alfa Financial completes ‘largest UK tech listing in almost two years’
posted on May 26, 2017

Tim Farron, Liberal Democrats

The Liberal Democrats Manifesto: what does it mean for UK tech?
posted on May 26, 2017

Startup team

A £20m Series B, Microsoft’s new Surface Pro, mermaid emojis and more in The Week in Tech
posted on May 26, 2017