Pockit

London, United Kingdom Founded: 2010 • Age: 16 yrs Minicorn
Debit cards for consumers

About Pockit

Pockit is a Financial Services company based in London (United Kingdom) founded in 2010 by Bharat Kumar Jatania. Debit cards for consumers. Pockit has raised $48.65 million across 11 funding rounds from investors including Maven Capital Partners, Puma Growth Partners and The North East Development Capital Fund. The company has 34 employees. Pockit has completed 1 acquisition, including Monese. Pockit was last valued at $61.55 million in June 2020. Its website pockit.com draws about 264 thousand monthly visits. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its legal entity is POCKIT LIMITED. Its competitors include Wirex, Glint and Dzing; 3 of its 3 listed competitors have raised funding.

Company details

Pockit was established in 2010 in London, United Kingdom, within the fintech sector. Debit cards are supplied to consumers for conducting money transfers, cash withdrawals, and both online and offline payments. An associated account is maintained for tracking expenses and supporting credit building. Services are delivered through digital platforms to facilitate everyday financial management across the region.

  • Headquarters London, United Kingdom
  • Employees 34
  • Founders Bharat Kumar Jatania
  • Stage Minicorn
  • Sectors
    Financial Services
  • Website category Finance
  • Email
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  • Phone
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  • Website pockit.com
  • Social LinkedIn X
  • Legal Name Pockit Limited
  • Date of Incorporation 15 Feb, 2010
  • Jurisdiction CARDIFF, WALES
Key Metrics
  • Annual Revenue
    $3.45 M (USD)
    16
    as on Dec 31, 2020
  • Net Profit
    -$3.16 M (USD)
    34
    as on Dec 31, 2021
  • EBITDA
    -$3.24 M (USD)
    36
    as on Dec 31, 2021
  • Total Equity Funding
    $48.65M (USD)

    in 11 rounds

  • Investors
  • Employee Count
    34
  • Investments & Acquisitions

Funding Insights of Pockit

Pockit has successfully raised a total of $48.65M across 11 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.

  • Total Funding $48.65M
  • Total Rounds 11
  • First Round $763,000

    (Jul 2013)

  • Investors Count 8

Latest 10 of 11 funding rounds of Pockit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2026Debt – Conventional––
–
Aug 2023$10MSeries C–Puma Private Equity
Feb 2021$1.41MSeries B–Maven Capital Partners
–
Jun 2020$20.06MSeries B$61.55M–
–
Jun 2019$2.6MSeries A$25.65M–
–
Dec 2018$544,000Series A$‒‒‒‒‒–
–
Apr 2017$3.71MSeries A––
–
Oct 2016$7.34MSeries A$‒‒‒‒‒–
Feb 2016$540,000Seed$‒‒‒‒‒–
–
May 2014$1.69MAngel Round$β€’β€’β€’β€’β€’Alex Ferguson
–
Valuation history
DateValuationStage
Jun 2020$61.55Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2019$25.65Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Pockit

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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  • Stage changes
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Last known valuation $61.55M (Jun 2020). 8 investors in total: 4 institutional and 4 angel.

Investors in Pockit

Pockit has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Maven Capital Partners, Puma Growth Partners and The North East Development Capital Fund.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity investments are made to support growing businesses.
2018pumaprivateequity.co.ukLondon, United Kingdom
Multiple sectors are targeted for private equity investments.
2005mavencp.comBirmingham, United Kingdom
Early-stage investments in software companies are targeted by Concentric VC.
concentric.vcLondon, United Kingdom

Harold Mechelynck

Angel investor and entrepreneur, founder of Zappfresh, focused on agritech
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Mark Newton-Jones

Angel investor in Indian startups, ex-CEO of Mothercare, retail expert
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Alex Ferguson

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Jon Moulton

British investor with interests in India, founder of Better Capital, active in turnarounds
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Investor details for Pockit

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Pockit

14 people are tracked at Pockit (5 in leadership, 9 in team); the tracked headcount is 34.

NameRoleGroup
Bharat Kumar Jatania
FounderLeadership
Virraj J.
Co-Founder & CEOLeadership
Pablo Rodriguez
Chief Technology OfficerLeadership
Azy Shojaeian BA (Hons) Prof PgDip (GRC), LLM (GRC)
Group Chief Compliance & Risk Officer & MLROLeadership
Mark Newton-Jones
DirectorLeadership
Cansu Çelik
Financial Crime AnalystTeam
Nathan Friend
Financial Crime AnalystTeam
Steven Maude
Financial Crime AnalystTeam
Edward Terry
Senior Product ManagerTeam
Artur Lipski
Team Leader, Senior Software EngineerTeam
Julius Horvath
Cash Application SpecialistTeam
Marcin Bździuch
NET DeveloperTeam
Mariusz Śliwowski
Software DeveloperTeam
Sandy Narayanen
Finance ManagerTeam
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Investments & Acquisitions by Pockit

Pockit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Monese.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Digital banking services are offered to individuals and businesses.
monese.comLondon, United Kingdom2013Oct 2024β€’β€’β€’β€’
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Complete acquisition details for Pockit

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Timeline of Pockit

5 dated milestones of Pockit across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pockit is founded.
  2. Funding First funding round of $763K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Monese.
  5. Funding Latest funding round, Debt – Conventional,.

Competitors of Pockit

Pockit has 3 listed competitors in our database, 3 of them funded. They include Wirex, Glint and Dzing.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wirexapp.com2014London, United Kingdom$22.2M
App-based wallet for cryptocurrencies and traditional currencies is provided.
glintpay.com2015London, United Kingdom$25.77M23
Mobile wallet for gold investments and currency transactions is operated.
dzing.com2003London, United Kingdom$3.29M13
Virtual cards are issued for payments and currency transfers.
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Detailed competitors of Pockit

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Web traffic of Pockit

The website of Pockit (pockit.com) receives about 264.2K visits a month and ranks #135,325 among all websites worldwide, #8,448 in Finance.

  • Monthly visits
    264.2K

    ▲ 6.5% vs previous month

  • Unique visitors
    68.8K

    per month

  • Global rank
    #135,325

    among all websites

  • Category rank
    #8,448

    Finance · Finance

Similar websites

Websites whose visitors overlap most with Pockit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mastercard.co.uk
mastercard.co.uk
100%
#242,264–
suitsmecard.com
95%
193.7K#220,836View details
marqeta.com
95%
836.8K#68,745View details
themoneyshop.com
92%
22.7K#1,094,960View details
skrill.com
88%
4.1M#10,949View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 23 similar websites and full traffic analytics for Pockit

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Verified entity values are shown only after access is granted.

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Related news about Pockit

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Frequently Asked Questions about Pockit

Pockit was founded in 2010 and raised its 1st funding round 3 years after it was founded.

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

Pockit is a funded company, having raised a total of $48.65M across 11 funding rounds to date. The company's 1st funding round was a Angel Round of $1.69M, raised on Jul 2013.

Pockit has 34 employees.

Annual revenue of Pockit is $3.45M as on Dec 31, 2020.

Pockit was established in 2010 in London, United Kingdom, within the fintech sector. Debit cards are supplied to consumers for conducting money transfers, cash withdrawals, and both online and offline payments. An associated account is maintained for tracking expenses and supporting credit building. Services are delivered through digital platforms to facilitate everyday financial management across the region.

Pockit's top competitors include Wirex, Glint and Dzing.

Pockit has made 1 acquisition, including Monese.

Pockit has 8 investors. Key investors include Maven Capital Partners, Puma Growth Partners, The North East Development Capital Fund, Harold Mechelynck, and Mark Newton-Jones.

The valuation of Pockit is $61.55M as of Jun 2020.

Pockit operates through Pockit Limited.

The website of Pockit receives about 264 thousand visits a month and ranks #135,325 among all websites worldwide.

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