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Wollit

company

About

The UK’s most powerful financial membership

  • London,England,United Kingdom
  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
£1M
Industries
Consumer Lending,Financial Services,FinTech
Founded date
Jan 1, 2019
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Wollit Ltd

People living paycheck to paycheck are the backbone of the UK economy but their core financial needs remain unmet and they face a financial system that is stacked against them.

We believe everyone deserves financial health, and we're here to use the power of technology and creative thinking to make that reality!

We created Wollit as an antidote to the common money problems people living paycheck to paycheck face. Through a single mobile application, we provide our members a holistic financial health toolkit where they can build credit, borrow affordably and grow savings - all for a small monthly fee. We do the hard stuff so our members can stop stressing about money and start living their best lives.

We are supported by world-class investors and one of the world’s largest banks. Since launching we’ve supported thousands of people to build a brighter financial future, we’ve won the AltFi Festival of Finance competition and have been shortlisted by Accenture Fintech Labs. We are a small, fast-growing and ambitious team who are not afraid to challenge the status quo.

See the world the way we do? Check out our open positions or get in touch about partnership opportunities.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
£1M $1M
Wollit has raised a total of £1M $1M in funding over 2 rounds. Their latest funding was raised on Feb 21, 2020 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 21, 2020 Seed £1M 7 Anthemis Group Detail
Dec 1, 2019 Seed $1M 3 Detail

Investors

Number of Lead Investors
Number of Investors
1
8
Wollit is funded by 8 investors. Anthemis Group and Banco Bilbao Vizcaya Argentaria are the most recent investors.
Investor Name Lead Investor Funding Round
Anthemis Group Yes Seed
Banco Bilbao Vizcaya Argentaria Seed
Form Ventures Seed
MAHR Projects Seed
Manchester Venture Partners Seed
Plug and Play Seed
Serge Chiaramonte Seed
BBVA Seed

Employee Profiles

Number of Employee Profiles
2
Wollit has 2 current employee profiles, including Executive Liad Shababo
Executive
Executive