9 years ago
Squirrel raises £585k to grow its savings app
Squirrel, a London, UK-based fintech startup, closed a £585k funding round
The company intends to use the funds for the development of its savings app, the increase of its app’s user base of British retail savers and the addition of further functionality.
ProblemFinancial Services
"Saving money can be difficult, and many people struggle to save enough for their goals. Traditional bank accounts don't always make it easy to save, and they can often be confusing and complicated."
Solution
"Squirrel is a savings app that helps people save money by making it easier to set goals and track progress. The app lets users personalize their savings goals and automatically manages their money, making it easier to reach their financial goals."