5 years ago

Youtility Raises £4.5 Million to Personalize Home Services Contracts for Banks

  • Youtility, a London-based open-banking enabled startup, secured £4.5 million in funding led by Michael Spencer, founder of ICAP and NEX

  • The funding will be used for new product lines, hiring, and platform development

  • Youtility provides a tailored comparison and switching service powered by machine learning and behavioral analytics for home services contracts, offering a single solution for banks to connect customers with personalized options.

      • ProblemFinancial Services

      "Banks can't help their customers make informed decisions about home services contracts, leading to customers paying more than they need to."

      Solution

      "Youtility offers a platform that allows banks to connect their customers with personalized home services contracts that are best suited to their needs. The platform uses machine learning and behavioral analytics to provide a tailored comparison and switching service."

      Covered on