3 years ago

mmob Raises £5 Million to Expand Embedded Finance Platform in UK and Malaysia

  • London-based fintech mmob has secured £5 million in seed funding from a group of angel investors, including senior banking executives and high-net worth individuals

  • The funding will be used to continue developing mmob's technology, expand in the UK, and enter new markets, including Malaysia

  • mmob's embedded finance platform allows banks and consumer-facing fintechs to quickly deploy digital products and services through its API

  • The company is partnered with PensionBee, iwoca, Cuckoo, Superscript, So-Sure, Anorak, and Uinsure

  • mmob's competitors include London-based Weavr.

      • ProblemFinancial Services

      "Integrating financial services into existing platforms is complex and time-consuming, hindering businesses from offering seamless financial experiences to their customers."

      Solution

      "Mmob provides an API-driven platform that simplifies the integration of financial services, enabling businesses to quickly and easily embed financial products like lending, insurance, and payments into their existing offerings."

      Covered on