Ilumoni: Goes live on iOS and Android after £1.63 million Investment
- Ilumoni has officially launched and is now available to download on Android and iOS devices
- The app, which has received £1.63 million in investment since inception and gained FCA authorisation earlier this year
- The free to use, AI-driven app helps its users to understand and manage their borrowing in four simple steps
- It asks users to set their priorities and brings together financial information from credit reports, credit cards
- The UK Startup had previously raised £340K pre-seed investment from Move Ventures, and angel investors including Simon Moran
- The app shows them the benefits of making changes to repayments as well as alternative borrowing options
