SuperFi Raises $1 Million for Revolutionary Debt Prevention Platform
Superfi, a London-based provider of a debt prevention platform, has recently raised USD1 million in Pre-Seed funding. The funding round was led by Ascension and its impact fund, Fair By Design, and also included participation from Force Over Mass and other investors. With this investment, SuperFi plans to develop and test its platform in collaboration with Councils and Housing Associations across London, before expanding its services nationwide in the UK. The company's CEO, Tom Barltrop, and CTO, Nick Spiller, are leading the efforts to provide users with a comprehensive debt management solution. This solution allows users to gain an overview of their debts and analyze their financial and personal circumstances. Subsequently, the platform offers suitable debt prevention tools and services to help users navigate their financial obligations. SuperFi's platform will soon be available on iOS and Android devices, with a public launch expected towards the end of 2023.
In addition to its recent funding, SuperFi has also received grant funding from the Greater London Authority as part of the Mayor of London's Challenge LDN scheme, aimed at combating poverty.
This demonstrates the company's commitment to addressing financial challenges and supporting vulnerable individuals in London. Furthermore, SuperFi has previously garnered support from Antler, a global early-stage venture capital firm that helps aspiring entrepreneurs build successful businesses.
SuperFi's debt prevention platform is set to revolutionize the way individuals manage their debts. By providing easy access to crucial financial information and offering tailored solutions, the company aims to empower users to take control of their financial situations. With the combination of funding, strategic partnerships, and government support, SuperFi is on track to make a significant impact in reducing debt and improving financial well-being, not only in London but across the entire UK.
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