4 years ago

Keebo Secures £5 Million Seed Funding to Launch Challenger Credit Card in October

  • London-based credit fintech Keebo has raised £5 million in a seed funding round led by Breega

  • The company will use the funds to launch in October 2021 and accelerate hiring

  • Keebo is the only FCA-authorised credit card and app company that uses open banking for underwriting

  • The company's technology analyses a customer's financial behavior to provide fair and low-interest credit, even for those without a credit score.

      • ProblemFinancial Services

      "Accessing consumer credit is difficult for millions of people due to lack of credit history or being negatively impacted by generic credit scoring."

      Solution

      "Keebo is a challenger credit card and app that uses open banking and behavioral underwriting to provide fair and personalized credit, even for those with limited credit history, while also promoting financial wellness and credit building."

      Covered on