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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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