About RateSwitch
RateSwitch is a Financial Services company based in Cardiff (United Kingdom) founded in 2016 by Lee Flavin. Mortgage rate-switching platform. RateSwitch has raised $261.87 thousand across 2 funding rounds from investors including Andy Yates. The company has 2 employees. RateSwitch offers products and services including Rate Monitoring Service. Its focus areas include FinTech, Alternative Lending, Lead Generation Platforms and Loan Comparison Platforms. Its legal entity is RATESWITCH LTD. Its competitors include Habito, Islamic Finance Guru and Money Workout; 3 of its 3 listed competitors have raised funding.
Company details
RateSwitch was founded in 2016 in Cardiff, United Kingdom, as a platform in the mortgage sector. Users are required to select their current lender and submit basic mortgage details. Improved rates from the same lender are subsequently offered based on the provided information. Operations focus on rate comparisons within existing lending relationships, with services delivered online via rateswitch.uk.
- Headquarters Cardiff, United Kingdom
- Employees 2
- Founders Lee Flavin
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website rateswitch.uk
- Social LinkedIn X Facebook
- Legal Name Rateswitch Ltd
- Date of Incorporation 04 Apr, 2016
- Jurisdiction CARDIFF
- Total Equity Funding$261.87K (USD)
in 2 rounds
- Latest Funding Round$70.93K (USD), Angel Round
Apr 2018
- Employee Count2
Products & Services of RateSwitch
RateSwitch offers a comprehensive portfolio of products and services, including Rate Monitoring Service.
Service that tracks and notifies users of falling mortgage rates.
Funding Insights of RateSwitch
RateSwitch has successfully raised a total of $261.87K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $70.93 thousand completed in April 2018. 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 $261,865
- Total Rounds 2
- Last Round Angel Round — $70,930
- First Round $190,935
(Dec 2016)
- Investors Count 1
All 2 funding rounds of RateSwitch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2018 | $70,930 | Angel Round | – | – | |
| Dec 2016 | $190,935 | Seed | – | – | – |
1 investors in total: 0 institutional and 1 angel.
Investors in RateSwitch
RateSwitch has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Andy Yates.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AY Andy Yates | unknown_19f6b45109f3474c9 |
Investor details for RateSwitch
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of RateSwitch
1 people are tracked at RateSwitch (1 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Lee Flavin | Founder | Leadership |
Complete people profiles for RateSwitch
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of RateSwitch
3 dated milestones of RateSwitch across 2 years, from founding to its latest funding, stage changes and deals.
- Founded RateSwitch is founded.
- Funding First funding round of $191K.
- Funding Latest funding round, Angel Round, of $71K.
Competitors of RateSwitch
RateSwitch has 3 listed competitors in our database, 3 of them funded. They include Habito, Islamic Finance Guru and Money Workout.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| habito.com | 2015 | London, United Kingdom | $89.89M | 135 | Online mortgage broker digitizing application processes for borrowers. | |
| islamicfinanceguru.com | 2014 | London, United Kingdom | $4.13M | 12 | Shariah-compliant will management and halal investment guidance are offered. | |
| moneyworkout.co.uk | 2010 | Southampton, United Kingdom | $1.52M | Functions as an online tool for searching and comparing mortgage options. |
Detailed competitors of RateSwitch
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Top companies in Alternative Lending
2 companies that operate in the same segment as RateSwitch (Alternative Lending) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M |
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Related news about Rateswitch
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Frequently Asked Questions about RateSwitch
RateSwitch was founded in 2016.
RateSwitch is headquartered in Cardiff, United Kingdom. It is registered at Cardiff, Wales, United Kingdom.
RateSwitch is a funded company, having raised a total of $261.87K across 2 funding rounds to date. The company's 1st funding round was a Seed of $190.94K, raised on Dec 2016.
RateSwitch has 2 employees.
RateSwitch was founded in 2016 in Cardiff, United Kingdom, as a platform in the mortgage sector. Users are required to select their current lender and submit basic mortgage details. Improved rates from the same lender are subsequently offered based on the provided information. Operations focus on rate comparisons within existing lending relationships, with services delivered online via rateswitch.uk.
RateSwitch's top competitors include Habito, Islamic Finance Guru and Money Workout.
RateSwitch offers Rate Monitoring Service.
RateSwitch has 1 investor. Key investors include Andy Yates.
RateSwitch operates through Rateswitch Ltd.