7 years ago

Banked Secures £1.5 Million Seed Funding to Democratize Financial Data

  • Banked, a London-based fintech startup, has raised £1.5 million in seed funding led by Backed VC

  • The company aims to unlock the potential of financial data by connecting people's bank account data to third party applications, enabling informed decisions and direct payments

  • Banked plans to use the funding to continue developing its product and release its first product in early 2019.

      • ProblemFinancial Services

      "It's really hard for people to access and use their own financial data. This makes it tough to make smart money decisions and use services that need this information."

      Solution

      "Banked provides a secure way to connect your bank account to third-party apps. This lets you see your spending, get your balance verified, and pay for things easily. It's like a bridge between your bank and the services you want to use."

      Covered on