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Uk's Mintago Raises $4.75M For Employee Financial Wellness Platform

Sep 25, 2023almost 2 years ago

Amount Raised

$4.75 Million

Round Type

seed

LondonFinancial Services

Investors

Cur8 CapitalLove VenturesBlack Lion Ventures

Description

UK-based financial wellbeing startup Mintago has raised $4.75 million in a Series A funding round. The platform is a tool for employees to gain better financial health as it offers pension help, financial advice, savings options and an AI money helper. It is also viewed as a tool for 'staff retention' for employers, suggesting financially healthier staff stay longer

Company Information

Company

Mintago

Location

London, England, United Kingdom

About

Mintago is a financial wellbeing platform, helping businesses adapt and support their employees in these changing economic conditions. We help employees find lost pension pots with ease, providing financial planning tools, access to free financial advisers and over 1,000 pieces of educational content. Mintago also helps businesses and employees save money via the HMRC salary sacrifice pension scheme by providing a hassle-free implementation programme, creating direct savings on National Insurance. Mintago is a win-win for employers and employees who want to pay less and keep more.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers