7 years ago

TotallyMoney Secures £29 Million Funding to Expand Credit Fintech Operations

  • TotallyMoney, a UK-based credit fintech provider, has raised £29 million in funding from Elliott Advisors (UK) Limited and existing investor Scottish Equity Partners

  • The funding will be used to accelerate customer acquisition, build out the technology platform, and provide credit for UK consumers

  • TotallyMoney offers a Free Credit Report and a proprietary Borrowing Power algorithm that helps customers make smart borrowing decisions.

      • ProblemFinancial Services

      "It's hard for people to make smart borrowing decisions, they can't easily access their credit score and compare different credit offers, and they often end up with bad deals."

      Solution

      "TotallyMoney provides a free credit report and a proprietary algorithm that compares lending offers and shows customers how likely they are to be accepted for credit without impacting their credit score."

      Covered on