About Hi
Hi is a company based in Milton Keynes (United Kingdom) founded in 2020. Hi has raised $5.6 million across 6 funding rounds from investors including NTT DATA and Ventura Capital. Hi operates in a competitive market with competitors including Liberis, YouLend, 365 Finance, TradeBridge and Reward Finance Group, among others.
- Headquarter Milton Keynes, United Kingdom
- Stage Minicorn
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Hi55 Ventures Limited
- Date of Incorporation 07 May, 2020
- Jurisdiction MILTON KEYNES, UNITED KINGDOM
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Annual Revenue
$32.55 K (USD)19as on Dec 31, 2023
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Net Profit
$13.05 K (USD)40as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$5.6 M (USD)
in 6 rounds
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Latest Funding Round
$202.07 K (USD), Series A
Apr 12, 2023
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Investors
NTT DATA
& 1 more
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Employee Count
Not available
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Funding Insights of Hi
Hi has successfully raised a total of $5.6M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $202.07 thousand completed in April 2023. 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 Hi
Hi has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include NTT DATA and Ventura Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on tech sectors
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Locked | Locked | Locked |
Investor details for Hi
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Investments & Acquisitions by Hi
Investment portfolio details for Hi
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Financial Statements - Hi
Detailed financials for Hi
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Hi Comparisons
Peer comparison for Hi
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Competitors of Hi
Hi 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 Liberis, YouLend, 365 Finance, TradeBridge and Reward Finance Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Embedded finance solutions are provided for small businesses.
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| Locked | Locked | Locked |
Business loans are offered through an online lending platform.
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| Locked | Locked | Locked |
Business financing is provided via an online lending platform.
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| Locked | Locked | Locked |
Financing solutions and trading data are provided to e-commerce businesses.
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| Locked | Locked | Locked |
SME loans are provided to businesses in the United Kingdom.
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| Locked | Locked | Locked |
Private debt investment firm providing loans
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Detailed competitors of Hi
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Latest news on Hi
Complete news archive for Hi
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Frequently Asked Questions about Hi
Hi was founded in 2020.
Hi is headquartered in Milton Keynes, United Kingdom.
Hi is a funded company, having raised a total of $5.6M across 6 funding rounds to date.
Annual revenue of Hi is $32.55K as on Dec 31, 2023.
Hi was founded in 2020 in Milton Keynes, United Kingdom, as an online platform in the fintech sector focused on payday loans. Employees are provided with early access to earned wages through partnerships with employers. A payment card is offered, where credit lines are updated according to the users wage data. Approved funds can be withdrawn by users for immediate use. Operations are centered on streamlining wage advances before paydays.
Hi has 2 investors. Key investors include NTT DATA, and Ventura Capital.
The valuation of Hi is $31.79M as of Apr 2023.