Many of Londons burgeoning fintech startups from online wealth manager Nutmeg to micro savings bots Plum and Chip are focussed on savings and investments by making it easier and more competitive to put money aside for a rainy day. However, one startup, quietly backed by Index Ventures and JamJar Investments in late 2015, is tackling financial health from a different and more immediate angle: debt.
Founded by Matthew Ford, who was previously Head of Acquisitions for OnTrees, a personal finance app that exited to MoneySuperMarket in 2014, Pariti is a mobile app that helps you keep an eye on your spending and, crucially, tracks how much you are paying out servicing existing debt, such as overdrafts or credit cards, and suggests ch…
Read the full article at: https://techcrunch.com/2017/03/09/pariti/
