4 years ago
Everything Secures £1.67M Seed Funding to Reinvent Premium Bonds for a New Generation
UK fintech startup Everything has raised £1.67 million in a seed round led by angel investors including Merama co-founder and CEO Sujay Tyle
The company plans to use the funds to launch its digital banking account in the UK, which features cashback rewards and a new take on premium bonds
Everything targets millennials and Gen Z with its offering.
ProblemFinancial Services
"Making premium bonds more accessible to younger generations and injecting excitement into everyday finances without the risk of losing"
Solution
"A digital banking account with a free Mastercard debit card that provides cashback rewards and premium bonds with a 'social twist', allocating revenue into 'reward buckets' that fund random cash rewards for users"