Algbra

Manchester, United Kingdom Founded: 2017 • Age: 9 yrs
A digital banking platform is provided for individual users.
Annual revenue - Latest available
Total funding $5.3M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Algbra Group Limited
  • Date of Incorporation 28 May, 2020
  • Jurisdiction MANCHESTER, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.29 M (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Products & Services of Algbra

Algbra offers a comprehensive portfolio of products and services, including Algbra Account, Algbra Card, Cubes, and Planet Impact.

Product name locked
Category locked
Primary

App-based account for ethical money management and transactions.

Product name locked
Category locked
Locked

Card for secure, fee-free payments and instant transfers.

Product name locked
Category locked
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Sub-accounts feature for goal-based saving and financial control.

Product name locked
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Feature to measure and offset carbon footprints from transactions.

People of Algbra

Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Zeiad Idris
Co-Founder & CEO
People
Nizam Uddin
Chief Strategy Officer
People
Marcin Jedyk
Platform Engineer Lead
People
Omer K.
Senior Mobile Engineer

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Introductions between investors and early-stage companies are facilitated for funding.
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Private debt investment firm focused on SMEs
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Corporate, investment, wealth, and retail banking services are provided globally.
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Investor details for Algbra

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Algbra

Investments
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Investment portfolio details for Algbra

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  • Transaction dates
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Financial Statements - Algbra

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Detailed financials for Algbra

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  • Profit trends
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Algbra Comparisons

Algbra Primary company
Description
A digital banking platform is provided for individual users.
Location
Manchester, United Kingdom
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Algbra

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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 year HQ Location Description
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Automated investment and robo-advisory services are offered to individuals.
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Provider of digital banking services for individuals
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Digital banking services for individuals are offered.
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Provider of retail banking services
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Current accounts and money management apps are provided to individuals.
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Detailed competitors of Algbra

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Latest news on Algbra

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Complete news archive for Algbra

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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 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's top competitors include Stash, Kroo and Ffrees.

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.

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