Trezeo also enables (platform) companies to deliver greater value and financial well-being for their flexible workforce, attracting and retaining valuable talent while also doing the right thing. In this way, Trezeo is creating a world where workers have access to inclusive financial services irrespective of how they work, creating a better future and contributing to a stronger society.
|Funding Status:||Pre Seed|
|Number of employees:||11-50|
|Founders:||Flavien Charlon, Garrett Cassidy|
|Products||Credit card, current account, budgeting app, Trezeo membership, The Wellness Bundle, The SickPay & Cashback Bundle|
|Core product offerings for individual/retail customers||Current Account (a digital account that connects to your regular current account through Open Banking and manages your income for you)|
|Pricing||Trezeo Membership: £3 per week (representative 36.1% APR) / The Wellness Bundle: £2 per week (add-on cost to Trezeo Membership) / The SickPay & Cashback Bundle: £7 per week (add-on cost to Trezeo Membership)|
|The Base Currency||£ (GBP)|
|Openning a current account (business and personal)||Free|
|Issuing physical card and delivery||Free|
|Other||budgeting app (income smoother, savings account, credit)|
|Last Funding Date||Jan 31, 2019|
|Last Funding Amount||$120K|
|Last Funding Type||Pre Seed Round|
|Total Funding Amount||$854K|
|Number of Funding Rounds||4|
|Customer/Products segments||Banking, Payments, Personal Finance|
|Banking license||Trezeo is not a bank, customer's account won’t be covered by the Financial Services Compensation Scheme. Instead. Trezeo Limited is authorised and regulated by the Financial Conduct Authority as a Lender (registration number 787052) and registered under the Payment Services Regulations 2017 (registration number 809375) for the provision of payment services. The Trezeo account is issued by PayrNet Limited which is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (registration number 900036) for the issuing of electronic money.|
|Type of customers||SMEs and self-employed workers (freelancers and gig economy workers)|
|Number of investors||4|
|Number of lead investors||3|
|Names of lead investors||Barclays Accelerator, powered by Techstars - London, Techstars, NDRC|
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