Oval Money
Spend smart, save easy, invest consciously and pave the way to a better financial future with Oval.
- Location
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London,
United Kingdom
Categories: Finance & Payments Digital B2C
-
Investment
sought: - £1,000,001
-
Equity
offered: - 2.05%
-
Investment
already funded: -
£1,255,767
for 2.56% equity
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Valuation
(pre-money): - £47,809,244
Idea
Introduction
We believe that everyone should have access to the necessary tools to build healthy financial habits.
With Oval you can spend smart, save easy, invest consciously and pave the way to a better financial future.
Today, users can select one or more of Oval’s services and integrate these with their existing banks and cards:
- Oval Coach provides tailor-made financial missions, promoting good financial habits.
- Oval Future helps users set aside savings and invest in their future through our marketplace of financial products, automatically and on a recurring basis.
- Oval Activities keeps track of every financial activity across any card and account, linked to the app in open banking. It analyses transactions to help users better understand and then manage their spending habits.
- Oval Pay, currently launched only in Italy, is the only current account in Europe that we believe allows users to automatically save and invest in their future while they spend.
Please note that the company has an approved employee option pool representing 19% of the fully diluted share capital. This hasn't been reflected in the pre-money valuation of the campaign. The fully diluted pre-money valuation of the company is £58,917,717.42.
