ilumoni, the start-up app that aims to help people to borrow well, has raised 1.2m in an over-subscribed seed funding round after successfully launching in Beta earlier this year.
The purpose-led, AI-driven fintech had previously raised 455,000 in pre-seed funding, which saw the initial build of the first version of the app. The app went on to receive full FCA authorisation in January of 2021 and has already attracted its first beta users.
The free to use app helps people to understand and manage their borrowing better. ilumoni delivers rich, personal insights into how users borrow and repay, with full visibility of what they owe, including how long it will take to repay and how much their borrowing will cost in interest. This is combined …
Read the full article at: https://www.finextra.com/pressarticle/87606/debt-management-app-ilumoni-raises-12m-after-fca-approval-and-beta-launch
