About Pockit
Pockit is a company based in London (United Kingdom) founded in 2010 by Bharat Kumar Jatania. 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 as of December 31, 2023. Pockit has completed 1 acquisition, including Monese. Pockit operates in a competitive market with competitors including Wirex, Glint, Dzing, Cosmo Payment and Insignia, among others.
- Headquarter London, United Kingdom
- Employees 34 as on 31 Dec, 2023
- Founders Bharat Kumar Jatania
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Pockit Limited
- Date of Incorporation 15 Feb, 2010
- Jurisdiction CARDIFF, WALES
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Annual Revenue
$3.45 M (USD)16as on Dec 31, 2020
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Net Profit
-$3.16 M (USD)34as on Dec 31, 2021
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EBITDA
-$3.24 M (USD)36as on Dec 31, 2021
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Total Equity Funding
$48.65 M (USD)
in 11 rounds
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Latest Funding Round
Not available
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Investors
Maven Capital Partners
& 7 more
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Employee Count
34
as on Dec 31, 2023
- Investments & Acquisitions
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People of Pockit
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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.
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.
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Private equity investments are made to support growing businesses.
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Multiple sectors are targeted for private equity investments.
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Investor details for Pockit
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Investments & Acquisitions by Pockit
Pockit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Monese.
Investment portfolio details for Pockit
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Digital banking services are offered to individuals and businesses.
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Complete acquisition details for Pockit
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Financial Statements - Pockit
Detailed financials for Pockit
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Pockit Comparisons
Peer comparison for Pockit
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Competitors of Pockit
Pockit 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 Wirex, Glint, Dzing, Cosmo Payment and Insignia, among others.
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App-based wallet for cryptocurrencies and traditional currencies is provided.
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Mobile wallet for gold investments and currency transactions is operated.
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Virtual cards are issued for payments and currency transfers.
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Global platform for receiving payments, debit cards, and bank transfers.
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Payment and luxury lifestyle management services are provided by Insignia.
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Detailed competitors of Pockit
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Latest news on Pockit
Complete news archive for 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.
As of Dec 31, 2023, the latest employee count at Pockit is 34.
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 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.