3 years ago

Yonder Raises £20 Million to Help the 'Credit Invisible' in the UK

  • Yonder, a London-based credit card startup, has secured £20 million in seed funding led by Northzone and LocalGlobe

  • The company aims to provide credit card access for expats and those with a small credit file, addressing the needs of the 'credit invisible' population in the UK

  • Yonder plans to use the investment to grow its team, build rewards and features, and expand its reach beyond London

  • The funding round highlights the continued growth of the UK fintech sector, which saw $11.6 billion in investment in 2021.

      • ProblemFinancial Services

      "Five million people in the UK are ‘credit invisible’ and struggle to access credit cards due to being expats or having limited credit history."

      Solution

      "Yonder is a credit card provider specifically designed for individuals with limited credit history, offering transparent fees and a curated experience-based membership program."

      Covered on