Dozens

Description
dozens is a trading name of Project Imagine Ltd, a company registered in England and Wales (No. 11153882). They are not a bank. Unlike most other financial institutions we don’t want to profit from personal debt, that is things like overdrafts and credit. Instead, our business model is focused on helping you save and grow your money. Because we are as committed to creating value for our customers as we are for our employees and shareholders. And we also want to make sure it is distributed among everyone in a fair way.
Overview
Type: | Private |
Funding Status: | Equity Crowdfunding |
Foundation year: | 2018 |
Location: | London, United Kingdom |
Number of employees: | 51-100 |
Founders: | Aritra Chakravarty |
Website: | https://www.dozens.com/ |
Target geographic market:
Europe
Awards:
No
About Product/Service
Products | Current account, card, app, spending report features, budgeting features, savings product, investment bond product, investment account |
---|---|
Core product offerings for individual/retail customers | UK current account |
Regulators/Compliance | Dozens is a trading name of Project Imagine Ltd. Project Imagine Ltd has an e-money licence and an investments licence from the UK’s financial regulator, the Financial Conduct Authority (FCA). Dozens' FCA firm reference numbers are 900894 and 814281. Money is protected under the Financial Services Compensation Scheme (FSCS). |
Pricing | Dozens will charge fees on investments that are made of two parts: 1) Dozens fee. 0.5% of the total value of your investment. If you’re not making any money out of your investment, the fee won’t be charged. 2) Strategy fees. When you invest, Dozens invests your money in a series of funds on your behalf. They’ll charge a fee that won’t be included in your annual management fee. |
The Base Currency | £ (GBP) |
Product cost | Free |
---|---|
Openning a current account (business and personal) | Free |
Monthly fees | Free |
Money transfers/payments | Free |
ATM withdrawals | Free |
(a) a personal account | Yes |
Funding rounds
Last Funding Date | Mar 25, 2019 |
---|---|
Last Funding Amount | £3.8M |
Last Funding Type | Equity Crowdfunding |
Total Funding Amount | £3.8M |
Number of Funding Rounds | 1 |
Financials
Customer/Products segments | Banking, fintech, savings, investing, payments |
---|---|
Key product offering | current account, a smart budgeting tool and an investment provider in one app, along with cash rewards for good financial behaviour |
Banking license | No |
Type of customers | Individuals |
Number of investors | N/A |
Number of lead investors | N/A |
Names of lead investors | N/A |
Tech stack
Competitors
Founding Date | Type | Tags | |
x![]() Varo is a digital bank that offers innovative,... | 2015 | Private | challenger bank, fintech |
x![]() | 2015 | Private | challenger banks, fintech |
x![]() Signicat is a leading electronic identity... | 2006 | Private | |
x![]() Where friends & money meet. Get a debit... | 2016 | Private | Challenger banks, fintech |
x![]() Oxygen is a neo (challenger) bank. The first and... | 2018 | Private | fintech, challenger banks |
Reviews

3.4 out of 5
Number of uploads: | 36 809 |
Number of reviews: | 198 |
Updated: | November 10, 2020 |
Last Version: | 1.11.5 |
November 12, 2020
Patrick Brennan
I really like enjoy having this account because it has a lot to offer customer service is fantastic very helpful it's amazing to see it is growing...more
November 12, 2020
Not_Broked
Unable to update the latest version to change over the physical card to the virtual card.more
June 29, 2020
Simon Shonn
I put money on the card via my bank account and guess what. I can't use my dozens card to use my money.. It looks like I have lost my money. I have...more
July 16, 2020
Calum Clarke
Update: after using the app bank for a month now, I can say it's pretty good. Customer service is quick and the UI is okay though some parts of it...more