Loot (Banking Services Application)
2014
FOUNDED
PRIVATE
STATUS
31-40
EMPLOYEES
Corporate
LATEST DEAL TYPE
9
INVESTORS
Description
Developer of a digital banking application designed to simplify money management. The company's uses application uses contactless and pre-paid card Mastercard to offer personal insights into spending patterns, enabling users to set daily or weekly budgets and spend money in a smarter way.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Primary Office
- 10 Queen Street Place
- London EC4R 1AG
- England, United Kingdom
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Loot (Banking Services Application) Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Corporate | 07-Jan-2019 | 000.00 | Completed | Generating Revenue | ||
| 6. Seed Round | 17-Aug-2018 | 00.00 | 000.00 | 000.00 | Completed | Startup |
| 5. Early Stage VC (Series A) | 15-Dec-2017 | 00.000 | 00.000 | Completed | Generating Revenue | |
| 4. Seed Round | 07-Nov-2016 | 00.000 | 000 | Completed | Product Development | |
| 3. Accelerator/Incubator | 000.00 | Completed | Product Development | |||
| 2. Accelerator/Incubator | $23.7K | Completed | Startup | |||
| 1. Accelerator/Incubator | 11-Nov-2014 | $23.7K | $23.7K | 00000 | Completed | Startup |
Loot (Banking Services Application) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | 000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00 | |
| Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.00 | |
| Series A | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Series A | 0,000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 0.000 | |
| Pref | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Seed Preferred | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Seed Preferred | 000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 0.000 | |
| Ordinary | 00,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 0.000 | |
| Ordinary | 29,248 | $0.001287 | $6.38 | $6.38 | 1x | $6.38 | 0.16% | |
| Ordinary | 8,000 | $0.001287 | $2.41 | $2.41 | 1x | $2.41 | 0.04% |
Loot (Banking Services Application) Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Royal Bank of Scotland | Investment Bank | Minority | 000 0000 | 000000 0 | ||
| Rocket Internet | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Global Founders Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| GoBeyond | Angel Group | Minority | 000 0000 | 000000 0 | ||
| Portag3 Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Loot (Banking Services Application) Executive Team (2)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Oliver Purdue | Founder, Board Member and Chief Executive Officer | ||
| Filip Jakubowski-Drzewiecki | Chief Technology Officer |
Loot (Banking Services Application) Board Members (4)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Nick Kingsbury | Self | Board Member | 000 0000 | |
| Oliver Purdue | Loot (Banking Services Application) | Founder, Board Member and Chief Executive Officer | 000 0000 | |
| Stefan Klestil | Speedinvest | Board Member & Advisor | 000 0000 | |
| Stephanie Choo | Portag3 Ventures | Board Member | 000 0000 |