About Socii Money
Socii Money is a company based in Covent Garden (United Kingdom) founded in 2022 by Jamahl McMurran.. Socii Money offers products and services including Digital Banking App. Socii Money operates in a competitive market with competitors including Tricount, Honeydue, Tandem, Ivella and Peas Technology, among others.
- Headquarter Covent Garden, United Kingdom
- Founders Jamahl McMurran
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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Latest Funding Round
- Investors
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Products & Services of Socii Money
Socii Money offers a comprehensive portfolio of products and services, including Digital Banking 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.
App for couples to manage shared finances and split bills easily.
Funding Insights of Socii Money
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2022 | Amount | Seed - Socii Money | Valuation | APX |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Socii Money
Socii Money has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include APX. 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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Early-stage startups are invested in by APX venture capital firm.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Socii Money
| 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 - Socii Money
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Socii Money Comparisons
Competitors of Socii Money
Socii Money 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 Tricount, Honeydue, Tandem, Ivella and Peas Technology, 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 |
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| domain | founded_year | HQ Location |
Group expenses are tracked and settled through a mobile app.
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| domain | founded_year | HQ Location |
Expense management for couples is enabled via mobile app.
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| domain | founded_year | HQ Location |
Online expenses sharing is enabled for couples through the platform.
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| domain | founded_year | HQ Location |
App-based expense management platform for couples
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| domain | founded_year | HQ Location |
AI-powered joint banking solutions for couples are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Socii Money
When was Socii Money founded?
Socii Money was founded in 2022.
Where is Socii Money located?
Socii Money is headquartered in Covent Garden, United Kingdom.
What does Socii Money do?
Socii Money was founded in 2022 in Covent Garden, United Kingdom, as a finance application focused on personal finance for couples. Bills and subscriptions are organized into a single interface by the platform, allowing overviews of outgoings and savings. Split bill solutions are provided to facilitate joint financial management. Operations center on digital tools for expense tracking and sharing within relationships.
Who are the top competitors of Socii Money?
What products or services does Socii Money offer?
Socii Money offers Digital Banking App.
Who are Socii Money's investors?
Socii Money has 1 investor. Key investors include APX.