Pockit has raised $10 million in a growth round from some new partners, Puma Private Equity, and The North East Development Capital Fund, managed by Maven Capital Partners and supported by the European Regional Development Fund.

Pockit are passionate about democratising financial services for millions left behind by traditional banks, not just providing essential financial tools to low-income and underserved communities, but empowering them to achieve financial stability and growth.

More than 800k people across the UK trust Pockit to provide vital financial services and this latest investment will fuel our efforts to expand our services, reach more customers, and make an even greater impact in the lives of those who need it most.

Pockit have also welcomed new investor in Puma Private Equity and are grateful for the continued support of existing shareholders, including Maven Capital Partners who participated in this round, whose shared vision and dedication to supporting initiatives that bring positive change align perfectly with Pockit’s mission.