4 years ago
Fintech Startup upSWOT Secures £3.1M Seed Funding to Enhance Bank and SME Analysis
UK-based fintech startup upSWOT has raised £3.1 million in a seed round led by Common Ocean Ventures
The company offers a platform for banks and SMEs to analyze strengths, weaknesses, opportunities, and threats
The funding will be used to expand its US and UK footprint, hire more staff, and accelerate product development.
ProblemFinancial Services
"Small and medium-sized businesses (SMBs) often struggle to access the financial tools and insights they need to effectively manage their businesses and secure funding."
Solution
"upSWOT provides a platform that aggregates data from over 120 business software tools used by SMBs, giving banks and financial institutions deeper insights into their clients' financial health and enabling them to offer tailored financial products and support."