Pockit announces new funding round

Pockit
August 3, 2023

🚀 We’re thrilled to announce that Pockit has raised $10 million in a growth round from some amazing new partners, Puma Private Equity, and The North East Development Capital Fund, managed by Maven Capital Partners and supported by the European Regional Development Fund.

At Pockit, we’re passionate about democratising financial services for millions left behind by traditional banks. Not just providing essential financial tools to low-income and underserved communities, but empowering them to achieve financial stability and growth.

Today, more than 800k people across the UK trust us to provide vital financial services and this latest investment will fuel our efforts to expand our services, reach more customers, and make an even greater impact in the lives of those who need it most.

We are excited to welcome a new investor in Puma Private Equity and grateful for the continued support of our existing shareholders, including Maven Capital Partners who participated in this round. Their shared vision and dedication to supporting initiatives that bring positive change align perfectly with our mission. Their expertise and experience in the investment world will undoubtedly add tremendous value to our journey ahead.

We’re excited about the future as we work towards becoming the global financial champion for the underserved. Together with Puma Private Equity, Maven Capital Partners, our existing investors and all our customers, we are writing the next chapter of Pockit’s success story.

Thank you for being a part of our journey. We look forward to the exciting times ahead!