5 years ago

Fintech Startup Lanistar Raises £2 Million in Seed Funding

  • Lanistar, a London-based fintech company developing a new debit card product for the 18-35 market, has secured £2 million in seed funding

  • The funding was raised through private financing and family contributions

  • Lanistar plans to use the funds to launch and expand its operations and product

  • The new debit card product is expected to launch in winter 2020

  • Lanistar was founded in 2019 by serial entrepreneur Gurhan Kiziloz and has over 45 fulltime staff, with a further 150 support staff expected to be added soon.

      • ProblemFinancial Services

      "Lanistar aims to streamline financial management for the 18-35 age group, addressing their need for a flexible and modern banking experience."

      Solution

      "Lanistar offers a new debit card product designed to simplify money management, providing a user-friendly and innovative banking alternative."

      Covered on