About Algbra
Algbra is a company based in Manchester (United Kingdom) founded in 2017 by Fizel Nejabat and Zeiad Idris. Algbra has raised $5.29 million across 2 funding rounds from investors including Standard Chartered, SFC Capital and British Business Investments. Algbra offers products and services including Algbra Account, Algbra Card, Cubes, and Planet Impact. Algbra operates in a competitive market with competitors including Stash, Kroo, Fintech Farm, Dozens and Ffrees, among others.
- Headquarter Manchester, United Kingdom
- Founders Fizel Nejabat, Zeiad Idris
- SectorsFinancial Services
- Website algbra.com
- Legal Name Algbra Group Limited
- Date of Incorporation 28 May, 2020
- Jurisdiction MANCHESTER, ENGLAND
- Total Equity Funding$5.29M (USD)
in 2 rounds
- InvestorsStandard Chartered
& 3 more
Products & Services of Algbra
Algbra offers a comprehensive portfolio of products and services, including Algbra Account, Algbra Card, Cubes, and Planet Impact.
App-based account for ethical money management and transactions.
Card for secure, fee-free payments and instant transfers.
Sub-accounts feature for goal-based saving and financial control.
Feature to measure and offset carbon footprints from transactions.
Apps and channels of Algbra
Algbra publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of Algbra
Algbra has successfully raised a total of $5.29M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.29M
- Total Rounds 2
- First Round $5.29M
(May 2021)
- Investors Count 4
All 2 funding rounds of Algbra with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | – | Series B | – | – | |
| May 2021 | $5.29M | Series A | – | SFC Capital, British Business Investments |
4 investors in total: 4 institutional.
Investors in Algbra
Algbra has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Standard Chartered, SFC Capital and British Business Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Introductions between investors and early-stage companies are facilitated for funding. | – | sfccapital.com | Northwich, United Kingdom | |
Private debt investment firm focused on SMEs | – | bbinv.co.uk | Sheffield, United Kingdom | |
Corporate, investment, wealth, and retail banking services are provided globally. | 1953 | sc.com | London, United Kingdom | |
A creative agency focused on branding and advertising services. | – | newworldgroup.com | - |
Investor details for Algbra
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Algbra
16 people are tracked at Algbra (8 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
Fizel Nejabat | Co-Founder | Leadership |
Zeiad Idris | Co-Founder & CEO | Leadership |
Nizam Uddin | Chief Strategy Officer | Leadership |
Omer Duzyol | VP of Engineering | Leadership |
Ömer Düzyol | Chief Technology Officer | Leadership |
Serkan Bayburtlu | Head of Design | Leadership |
Laura Usher-Bastar | Head Of Customer Operations & AML | Leadership |
Lucie Mazankova | Head of Finance & Operations | Leadership |
Marcin Jedyk | Platform Engineer Lead | Team |
Omer K. | Senior Mobile Engineer | Team |
Hakan Yalcin | Senior Product Designer | Team |
Ararat Ispiroglu | Full Stack Engineer | Team |
Cem DURAL | Senior Software Engineer | Team |
Billy Gray | Operations Lead | Team |
Amany Killawi | Advisor | Team |
Divya Ragatha | Platform Engineer | Team |
Complete people profiles for Algbra
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Algbra
3 dated milestones of Algbra across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Algbra is founded.
- Funding First funding round of $5.3M.
- Funding Latest funding round, Series B,.
Competitors of Algbra
Algbra operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stash, Kroo, Fintech Farm, Dozens and Ffrees, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stash.com | 2015 | New York, United States | $920.99M | – | Automated investment and robo-advisory services are offered to individuals. | |
| kroo.com | 2016 | London, United Kingdom | $88.9M | 30 | Provider of digital banking services for individuals | |
| fintech-farm.com | 2020 | London, United Kingdom | $61.4M | 3 | Digital banking services for individuals are offered. | |
| dozens.com | 2018 | London, United Kingdom | $33.88M | 37 | Provider of retail banking services | |
| ffrees.co.uk | 2012 | Sheffield, United Kingdom | $24.92M | 48 | Current accounts and money management apps are provided to individuals. | |
| thinkmoney.co.uk | 2005 | Manchester, United Kingdom | – | 303 | Personal current accounts with prepaid debit cards are provided. | |
| getbabb.com | 2016 | London, United Kingdom | $1.78M | – | Online banking solutions for cryptocurrency transactions are provided. |
Detailed competitors of Algbra
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Algbra
The website of Algbra (algbra.com) receives about 5.2K visits a month.
- Monthly visits5.2K
▲ 25.7% vs previous month
Websites whose visitors overlap most with Algbra. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
gblt.nl | gblt.nl | 100% | – | #271,211 | – |
wassenburgmedicalinc.com | wassenburgmedicalinc.com | 50% | – | #13,728,899 | – |
netatalk.io | netatalk.io | 48% | – | #11,161,415 | – |
Latest news on Algbra
Complete news archive for Algbra
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Algbra
10 companies that operate in the same segment as Algbra (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Algbra
Algbra was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Algbra is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Zeiad Idris is the current CEO of Algbra. They have also founded this company.
Algbra is a funded company, having raised a total of $5.29M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.29M, raised on May 2021.
The company was founded in 2017 in Manchester, United Kingdom, and operates in the fintech sector. A digital banking platform is offered to individuals, encompassing savings accounts, prepaid cards, stash accounts, bill payments, and online or offline transactions. Additional services include rewards programs, foreign exchange, remittances, personal finance tools, and home purchase plans. Operations focus on accessible financial solutions for users.
Algbra offers Algbra Account, Algbra Card, Cubes, and Planet Impact.
Algbra has 4 investors. Key investors include Standard Chartered, SFC Capital, British Business Investments, and New World Group.
Algbra operates through Algbra Group Limited.
Yes. Algbra publishes Algbra - Ethical Finance and 1 more app, with over 10,000 downloads.