- Raised $450,000 pre-seed investment backed by Move Ventures and angel investors including Simon Moran
- Founded in 2019, ilumoni the UK’s first AI-powered borrowing insights app which uses open banking
- The free app provides personal insights to help users take action and make important changes to their borrowing
- The insights appear as nudges, prompts, and future scenarios based on manageable behavior changes
- The FCA Innovation Hub focused on encouraging innovation in financial services in the interests of consumers
- ilumoni using the pre-seed investment to focus on product development and regulatory approval
