HelloSafe, a UK-based FinTech that creates insurance, investment, savings and credit product comparison tools, has raised £2.8m in seed funding.
The round was led by OneRagtime and Kima Ventures.
Launched in 2020, HelloSafe has positioned itself as financial product comparison leader. Its proprietary technology provides users with thousands of pages of expert content, financial simulators and free and anonymous comparison tools. HelloSafe selects the best providers at the lowest prices with the best options and customer experience.
In early 2022 the company passed the one million user mark in the UK.
With now more than 150,000 monthly visitors in the UK, HelloSafe said it brings transparency to the market and simplifies comparing a range of financial products, including insurance, cryptocurrency platforms, money transfer services, credit, investment solutions and banking offers. HelloSafe now offers more than 45 comparison tools.
HelloSafe said it will use the capital to strengthen its teams, further improve the user experience on its platforms and expand into new product categories in the UK.
Oleksiy Lysogub, CTO & co-founder of HelloSafe, said, “With an audience of almost 1 million visitors each year, this round of financing supports our goal to become one of the UK’s leading platforms for comparing insurance and financial products. With our unique technology and network of partners, we want to quickly establish ourselves as the go-to platform for consumers who want to get the most out of their money.”
Pauline Laurore, CMO & co-founder of HelloSafe, added“Despite the big differences between financial products, we see a lot of similarities in the need of our users in the UK for information and a better way to compare products and services. This success validates the scalability of our technology and our vision.”
Another recent seed funding round that took place last month was Grey’s $2m raise. Grey is a FinTech focused on simplifying sending and receiving foreign payments for Africans.
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