Boodil: Raises £525K in Pre-Seed Funding

Boodil Raises £525K in Pre-Seed Funding

• Boodil, a Manchester, UK-based provider of an open banking payments and consumer engagement app, raised £525k in Pre-Seed funding
• The round was led by Louis and Reg Rix, Anthony Morrow, Gary Corbett, 3B4 Investments and Ben Luscombe
• The company intends to use the funds to scale its solution
• The company is an open banking payments business with a consumer engagement application
• The company rewards customers every time they spend with the app with redeemable points which can be used for rewards and prize draw entires
• The cardless payment method is launching in Q4 2022