Twig (London) Overview
- Year Founded
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2020
- Status
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Out of Business
- Employees
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102
- Latest Deal Type
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Liquidation
Twig (London) General Information
Description
Developer of a financial technology designed to empower consumers to get rooted in circular economy principles. The company's platform provides an application where clients can get credit for all kinds of lifestyle assets including clothes, accessories, electronics, and books, also provides a personalized visa card that a user can use to pay in-store and pay online, enabling consumers to make instant and receive payments.
Contact Information
Website
twigcard.comCorporate Office
- 69 Wilson Street
- London EC4A 2BB
- England, United Kingdom
Corporate Office
- 69 Wilson Street
- London EC4A 2BB
- England, United Kingdom
Twig (London) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Bankruptcy: Liquidation | 02-Feb-2024 | Completed | Bankruptcy: Liquidation | |||
| 4. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 3. Early Stage VC | 02-Mar-2022 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 10-Jan-2022 | $35M | $43.7M | Completed | Generating Revenue | |
| 1. Seed Round | 12-Mar-2021 | $8.67M | $8.67M | Completed | Generating Revenue |
Twig (London) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 416,878 | $0.000014 | $11.3 | $11.3 | 1x | $11.3 | 3.82% | |
| Ordinary | 184,500 | $0.000014 | $2.84 | $2.84 | 1x | $2.84 | 1.69% |
Twig (London) Comparisons
Industry
Financing
Details
Twig (London) Competitors (5)
One of Twig (London)’s 5 competitors is TrueLayer, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| TrueLayer | Venture Capital-Backed | London, United Kingdom | ||||
| Trustly Group | Private Equity-Backed | Stockholm, Sweden | ||||
| Tink (Financial Software) | Formerly VC-backed | Stockholm, Sweden | ||||
| OneBanx | Formerly VC-backed | Glasgow, United Kingdom | ||||
| Pay by B | Formerly VC-backed | London, United Kingdom |
Twig (London) Related Research & Analysis
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Twig (London) Signals
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Majestic Referring Domains
Twig (London) Acquisitions (3)
Twig (London)’s most recent deal was a Merger/Acquisition with Vybe (Financial Software). The deal was made on 23-Dec-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Vybe (Financial Software) | 23-Dec-2022 | Merger/Acquisition | Other Financial Services | ||
| Mobi Market | 29-Apr-2022 | Merger/Acquisition | Application Software | ||
| Loopster | 10-Dec-2021 | Merger/Acquisition | Specialty Retail |
Twig (London) Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Vybe (Financial Software) | Paris, France | 2019 |
Twig (London) FAQs
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When was Twig (London) founded?
Twig (London) was founded in 2020.
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Where is Twig (London) headquartered?
Twig (London) is headquartered in London, United Kingdom.
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What is the size of Twig (London)?
Twig (London) has 102 total employees.
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What industry is Twig (London) in?
Twig (London)’s primary industry is Financial Software.
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Is Twig (London) a private or public company?
Twig (London) is a Private company.
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What is Twig (London)’s current revenue?
The current revenue for Twig (London) is .
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How much funding has Twig (London) raised over time?
Twig (London) has raised $43.7M.
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Who are Twig (London)’s competitors?
TrueLayer, Trustly Group, Tink (Financial Software), OneBanx, and Pay by B are competitors of Twig (London).
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