About Incredible
Incredible is a company based in London (United Kingdom) founded in 2022 by Paul Venables.. Incredible has raised $1 million across 1 funding round from investors including Techstars, Mark Ransford and Joe Cross. Incredible offers products and services including Incredible App and Payment Automation Service. Incredible operates in a competitive market with competitors including Elifinty, MH Riley, ilumoni, Back2Credit and Lend Helper, among others.
- Headquarter London, United Kingdom
- Founders Paul Venables
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Incredible Technologies Ltd
- Date of Incorporation 21 Jun, 2021
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
May 15, 2024
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Investors
Techstars
& 6 more
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Employee Count
Employee Count
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Products & Services of Incredible
Incredible offers a comprehensive portfolio of products and services, including Incredible App and Payment Automation Service. 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.
App that tracks and automates credit card payments for debt management.
Service for distributing payments across multiple credit cards securely.
Funding Insights of Incredible
Incredible has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in May 2024. 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 1
- Last Round Seed — $1.0M
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First Round
First Round
(15 May 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Incredible | Valuation |
investors |
| 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 Incredible
Incredible has secured backing from 7 investors, including angel and venture fund investors. Prominent investors backing the company include Techstars, Mark Ransford and Joe Cross. 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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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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Micro-investments are provided in European B2B subscription startups.
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Founded Year | Domain | Location | |
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MR
Mark Ransford |
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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 Incredible
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Incredible
| 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 |
Incredible Comparisons
Competitors of Incredible
Incredible 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 Elifinty, MH Riley, ilumoni, Back2Credit and Lend Helper, 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 |
Savings and accounts are managed via a dedicated application.
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| domain | founded_year | HQ Location |
Delivers a platform for effective consumer debt management.
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| domain | founded_year | HQ Location |
Provides debt repayment solutions for consumers.
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| domain | founded_year | HQ Location |
Debt management and financial solutions are provided to individuals.
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| domain | founded_year | HQ Location |
App-based platform for IOU debt repayment and management.
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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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Frequently Asked Questions about Incredible
When was Incredible founded?
Incredible was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Incredible located?
Incredible is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Incredible a funded company?
Incredible is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on May 15, 2024.
What does Incredible do?
Incredible was founded in 2022 in London, United Kingdom, as a fintech company focused on debit payments. An app-based platform is operated to manage debits, enabling users to handle payments and reduce debt accumulation. Services are extended to facilitate quicker debt repayment while minimizing interest and fee expenses. The platforms domain is getincredible.com, with Paul Venables serving as co-founder.
Who are the top competitors of Incredible?
Incredible's top competitors include Elifinty, Back2Credit and MH Riley.
What products or services does Incredible offer?
Incredible offers Incredible App and Payment Automation Service.
Who are Incredible's investors?
Incredible has 7 investors. Key investors include Techstars, Mark Ransford, Joe Cross, Michael Tefula, and Angel Invest Ventures.