About Wollit
Wollit is a company based in London (United Kingdom) founded in 2015. Wollit has raised $5.41 million across 3 funding rounds from investors including BBVA, Fuel Ventures and Anthemis Group. The company has 5 employees. Wollit offers products and services including Credit Builder, Rent Reporting, and Profile Optimization. Wollit operates in a competitive market with competitors including Vanquis, LOQBOX, Bits, BuildMyCreditScore and Faciit, among others.
- Headquarter London, United Kingdom
- Employees 5
- Stage Minicorn
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Website wollit.com
- Social LinkedIn X Facebook Instagram
- Legal Name Wollit Ltd
- Date of Incorporation 23 Mar, 2017
- Jurisdiction LONDON, UNITED KINGDOM
- Total Equity Funding$5.41M (USD)
in 3 rounds
- InvestorsBBVA
& 2 more
- Employee Count5
Products & Services of Wollit
Wollit offers a comprehensive portfolio of products and services, including Credit Builder, Rent Reporting, and Profile Optimization.
Builds credit via monthly payments reported to agencies
Converts rent payments into credit history entries
Offers tips to enhance credit approval chances
Funding Insights of Wollit
Wollit has successfully raised a total of $5.41M across 3 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 $5.41M
- Total Rounds 3
- First Round $1.29M
(Dec 2019)
- Investors Count 3
All 3 funding rounds of Wollit 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 |
|---|---|---|---|---|---|
| May 2024 | – | Seed | – | Fuel Ventures | – |
| Oct 2021 | $4.12M | Seed | $14.03M | – | – |
| Dec 2019 | $1.29M | Seed | $5.07M | Anthemis Group, BBVA | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2021 | $14.03M | •••••••• |
| Dec 2019 | $5.07M | •••••••• |
Last known valuation $14.03M (Oct 2021). 3 investors in total: 3 institutional.
Investors in Wollit
Wollit has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include BBVA, Fuel Ventures and Anthemis Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early and growth-stage startups are funded by Anthemis Group. | 2008 | anthemis.com | London, United Kingdom | |
Multiple sectors are invested in by this venture capital firm. | 2014 | fuel.ventures | London, United Kingdom | |
Banking and financial service provider | 1857 | bbva.com | Bilbao, Spain |
Investor details for Wollit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Wollit
3 people are tracked at Wollit (2 in leadership, 1 in team); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Toby de Havilland | CTO | Leadership |
Liad Shababo | Founder | Leadership |
Nickael Almeida | Full Stack Engineer | Team |
Complete people profiles for Wollit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Wollit
4 dated milestones of Wollit across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Wollit is founded.
- Funding First funding round of $1.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Competitors of Wollit
Wollit 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 Vanquis, LOQBOX, Bits, BuildMyCreditScore and Faciit, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vanquis.co.uk | 2002 | Chatham, United Kingdom | – | 1,378 | Offers credit cards, savings accounts, loans, and financial tools for individuals. | |
| loqbox.com | 2013 | Bristol, United Kingdom | $5.32M | 7 | Provider of financial tools for credit scores repair | |
| getbits.app | 2018 | London, United Kingdom | $125,000 | 6 | Developer of virtual credit cards for consumers to build credit scores | |
| buildmycreditscore.com | 2018 | London, United Kingdom | – | – | Provider of a debit card service for credit score building | |
| faciit.co | 2021 | Edinburgh, United Kingdom | – | – | Provides an online marketplace for credit builder loans designed for individuals. | |
| leapinc.com | 2018 | New York, United States | $197.74M | – | Omnichannel branding solutions are delivered for retail stores. |
Detailed competitors of Wollit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Wollit
The website of Wollit (wollit.com) receives about 57.8K visits a month and ranks #981,884 among all websites worldwide, #10,066 in Financial Planning and Management.
- Monthly visits57.8K
▲ 77.8% vs previous month
- Unique visitors12.4K
per month
- Global rank#981,884
among all websites
- Category rank#10,066
Finance · Financial Planning and Management
- Bounce rate61%
- Pages per visit1.6
- Average visit16 sec
- DevicesDesktop 11% · Mobile 89%
Websites whose visitors overlap most with Wollit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
turnerlittle.com | turnerlittle.com | 100% | – | #1,625,066 | – |
| checkmyfile.com | 97% | 726.3K | #65,001 | View details | |
| paveapp.com | 83% | 26K | #806,209 | View details | |
onlinemoneyadvisor.co.uk | onlinemoneyadvisor.co.uk | 81% | – | #1,676,310 | – |
| stellarfi.com | 81% | 28.6K | #455,953 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for Wollit
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 32 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Wollit
Complete news archive for Wollit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Wollit
10 companies that operate in the same segment as Wollit (Alternative Lending), 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 | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Wollit
Wollit was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Wollit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Wollit is a funded company, having raised a total of $5.41M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.29M, raised on Dec 2019.
Wollit has 5 employees.
Wollit was founded in 2015 in London, United Kingdom, within the fintech sector. An online platform is operated to enable cash advances for individuals, with salary slips utilized to determine eligibility. Income Promise is offered as a fixed advance amount derived from average payslip figures. Provisions are made for advances in instances of reduced income. Businesses are also supported in extending cash advances to other businesses.
Wollit offers Credit Builder, Rent Reporting, and Profile Optimization.
Wollit has 3 investors. Key investors include BBVA, Fuel Ventures, and Anthemis Group.
The valuation of Wollit is $14.03M as of Oct 2021.
Wollit operates through Wollit Ltd.