Problem: Banks will lose 30% of their customers to challengers by the year 2030 as their customers seek more personalised services.
Solution: SmartBill enables banks to build stronger relationships with their customers by providing banks with API’s that enable their customers to save money directly in their bank app to increasing engagement with their product.
BASED IN
London
FOUNDED YEAR
2018
TEAM SIZE
6
MAIN CONTACT INFO
FOUNDERS & TEAM
WEBSITE
SmartBill-Home (smartbilldata.com)
BUSINESS TYPE
B2B2C Enterprise Software for Retail Banks
BUSINESS CATEGORY
FinTech
Enterprise SaaS
VERTICAL/INDUSTRY
Retail Bank Software
ARR
€45,000 Annual Revenue
ACTIVELY RAISING
Seed Round
ROUND STAGE
Q2 Round Open
ROUND SIZE
€1.1 million
COMMITTED AMOUNT
€340,000 Soft Commitments
BURN-RATE NOW
€4000
RUNWAY TODAY
22 months
RUNWAY AFTER THE ROUND
24 months
ARR/REVENUE
€45,000 Annual Revenue
CUSTOMERS
https://www.youtube.com/embed/mI5vVFfSTDY
https://docs.google.com/presentation/d/1paygEIfpEJwlaY9nwzEBxs5mL6yhZUSyfFdLO0PD364/edit?usp=sharing