About Finimize
Finimize is a company based in London (United Kingdom) founded in 2015 was acquired by abrdn in October 2021.. Finimize has raised $2.51 million across 2 funding rounds from investors including abrdn, Cherry Ventures and Passion Capital. The company has 19 employees as of December 31, 2020. Finimize offers products and services including Daily Newsletter and Analysis Reports. Finimize operates in a competitive market with competitors including Tastytrade, Investing, The Street, Finshots and Female Invest, among others.
- Headquarter London, United Kingdom
- Employees 19 as on 31 Dec, 2020
- Stage Minicorn
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Sectors
Media & EntertainmentTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Finimize Limited
- Date of Incorporation 12 Aug, 2016
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$437.16 K (USD)-13as on Jan 31, 2021
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Net Profit
$-80.33 K (USD)-48as on Jan 31, 2021
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EBITDA
$-201.58 K (USD)11as on Jan 31, 2021
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Total Equity Funding
$2.51 M (USD)
in 2 rounds
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Latest Funding Round
$1.9 M (USD), Seed
Jul 19, 2017
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Investors
abrdn
& 3 more
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Employee Count
19
as on Dec 31, 2020
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Acquired by
abrdn
(Oct 29, 2021)
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Products & Services of Finimize
Finimize offers a comprehensive portfolio of products and services, including Daily Newsletter and Analysis Reports. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides daily financial updates and market analysis for users.
Offers in-depth investment research on stocks and trends.
Unlock access to complete
Funding Insights of Finimize
Finimize has successfully raised a total of $2.51M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.9 million completed in July 2017. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $1.9M
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First Round
First Round
(29 Nov 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Seed - Finimize | Valuation | Cherry Ventures |
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| Nov, 2016 | Amount | Seed - Finimize | Valuation | Passion Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Finimize
Finimize has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include abrdn, Cherry Ventures and Passion Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of early-stage venture capital funding for European technology companies
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Founded Year | Domain | Location | |
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Tech focused Early stage VC Firm investing in Europe and the UK
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by abrdn's private equity fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Finimize
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Finimize
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Finimize Comparisons
Competitors of Finimize
Finimize 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 Tastytrade, Investing, The Street, Finshots and Female Invest, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform publishing content focusing on investment
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| domain | founded_year | HQ Location |
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| domain | founded_year | HQ Location |
Business news, market data, and stock analysis are delivered online.
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| domain | founded_year | HQ Location |
Provider of financial news and insights
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| domain | founded_year | HQ Location |
Personal finance and investment training is delivered digitally to women.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Finimize
Frequently Asked Questions about Finimize
When was Finimize founded?
Finimize was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Finimize located?
Finimize is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Finimize a funded company?
Finimize is a funded company, having raised a total of $2.51M across 2 funding rounds to date. The company's 1st funding round was a Seed of $611.59K, raised on Nov 29, 2016.
How many employees does Finimize have?
As of Dec 31, 2020, the latest employee count at Finimize is 19.
What is the annual revenue of Finimize?
Annual revenue of Finimize is $437.16K as on Jan 31, 2021.
What does Finimize do?
Finimize was founded in 2015 in London, United Kingdom, as a financial news application targeted at personal investment. Coverage includes market updates, trading insights, stock exchange information, and cryptocurrency developments. Users are assisted in identifying investment opportunities and evaluating providers through reviews. The platform operates exclusively on iOS devices, serving the fintech sector with data-driven content.
Who are the top competitors of Finimize?
Finimize's top competitors include Tastytrade, Investing and The Street.
What products or services does Finimize offer?
Finimize offers Daily Newsletter and Analysis Reports.
Who are Finimize's investors?
Finimize has 4 investors. Key investors include abrdn, Cherry Ventures, Passion Capital, and Jason Butler.
What is Finimize's valuation?
The valuation of Finimize is $7.2M as of Jul 2017.
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