Amount Raised
$10 Million
Round Type
Funding Round
LondonFinancial ServicesInvestors
Description
Fintech app for low-income and underserved communities, Pockit has raised $10 million in a growth round. Initially a prepaid card the UK-based fintech has moved its offering to include a ‘prepaid account’ from which customers can ‘send and receive money internationally, set up direct debits, deposit and withdraw cash in 27,000 stores across the UK, make online and in-store purchases, and even get an advance on their salary’. Phew, what can’t it do? It stresses it is not a bank!
Quick answer
Pockit raised $10 Million in a Funding Round round, dated August 3, 2023. Investors: European Regional Development Fund, Maven Capital Partners, North East Development Capital Fund and Puma Private Equity. Pockit is based in London, England, United Kingdom.
- How much did Pockit raise?
- Pockit raised $10 Million in a Funding Round round on August 3, 2023.
- Who invested in Pockit?
- European Regional Development Fund, Maven Capital Partners, North East Development Capital Fund and Puma Private Equity are named as investors in this round.
- What does Pockit do?
- Over a million people in the UK still don't have a current account - they have often been ignored by traditional financial services and miss out on what many consider an everyday norm, such as internet shopping.
- Where is Pockit based and how big is it?
- Pockit is based in London, England, United Kingdom.
- Who are the decision-makers at Pockit?
- Fundz holds 1 contact at Pockit. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services around the same time
Companies in the same sectors as Pockit that raised within 45 days of this round, from Fundz verified event records.
- Saferide Health raised $36M on September 15, 2023.
- Fineqia International raised an undisclosed amount (Post-IPO Equity) on September 15, 2023.
- Fipto raised $16M (Seed) on September 14, 2023.
- Mecho Autotech raised $2.4M (Seed) on September 14, 2023.
- Swan raised $40M (Funding Round) on September 13, 2023.
- IMMIX raised $2.7M (Seed) on September 13, 2023.
Who to call at Pockit, and when
A new round usually means Pockit is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Pockit raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pockit, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Pockit. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Pockit raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Pockit raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.