Makes Cents

London, United Kingdom Founded: 2018 • Age: 8 yrs
Prepaid card system for parents to monitor and teach teens financial management skills.
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About Makes Cents

Makes Cents is a company based in London (United Kingdom) founded in 2018 by Leah Keogh, Louisa Woods, and Eva Barnett. It operates as a D2C, and B2C. The company has 44 employees as of December 31, 2019. Makes Cents offers products and services including Makes Cents Prepaid Card, Parent App, and Teen App. Makes Cents operates in a competitive market with competitors including RoosterMoney, Osper, nimbl, Bex Card and Uniicard, among others.

  • Headquarter London, United Kingdom
  • Employees 44 as on 31 Dec, 2019
  • Founders Leah Keogh, Louisa Woods, Eva Barnett
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Prepaid Financial Services Limited
  • Date of Incorporation 08 Aug, 2007
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → Banking & Financial Institutions
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    44

    as on Dec 31, 2019

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Products & Services of Makes Cents

Makes Cents offers a comprehensive portfolio of products and services, including Makes Cents Prepaid Card, Parent App, and Teen App. 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.

Primary

Prepaid card for teens to handle money with parental monitoring and security features.

App for parents to load funds and oversee teen transactions securely.

App for teens to view balances and learn money management through transactions.

Funding Insights of Makes Cents

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Makes Cents

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Makes Cents

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Makes Cents Comparisons

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Competitors of Makes Cents

Makes Cents 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 RoosterMoney, Osper, nimbl, Bex Card and Uniicard, 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
Children's budgeting and expenses are managed via parent-monitored app.
domain founded_year HQ Location
Mobile only banking for young people
domain founded_year HQ Location
Personal financial management app for kids and parents is offered.
domain founded_year HQ Location
Offers prepaid debit cards, savings accounts, and financial education for children.
domain founded_year HQ Location
Uniicard is a prepaid card providing cashback and discounts tailored for students.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Makes Cents

Frequently Asked Questions about Makes Cents

When was Makes Cents founded?

Makes Cents was founded in 2018.

Where is Makes Cents located?

Makes Cents is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does Makes Cents have?

As of Dec 31, 2019, the latest employee count at Makes Cents is 44.

What does Makes Cents do?

Makes Cents offers a prepaid card designed for children aged 8-18, enabling parents to load funds and track transactions via mobile apps. It promotes financial education by teaching money management and independence while blocking unsuitable merchants for safety. The service operates in Ireland, allowing users to make purchases at Mastercard terminals and view histories through dedicated apps.

Who are the top competitors of Makes Cents?

Makes Cents's top competitors include RoosterMoney, Osper and nimbl.

What products or services does Makes Cents offer?

Makes Cents offers Makes Cents Prepaid Card, Parent App, and Teen App.

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