Latest news with #FuelVentures
Entrepreneur
2 days ago
- Business
- Entrepreneur
Entrepreneur UK's London 100: Serene
Serene blends fintech and neuroscience to tackle one of the most overlooked challenges in financial services: the silent suffering of vulnerable customers Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur United Kingdom, an international franchise of Entrepreneur Media. Industry: Fintech Serene is redefining risk management with emotional intelligence. Founded by Oxford MBA Alum Savannah Price, Serene blends fintech and neuroscience to tackle one of the most overlooked challenges in financial services: the silent suffering of vulnerable customers. Using ML models trained on transaction data, Serene helps banks detect and predict signs of financial distress, delivering tailored support and reducing defaults. With the UK's new Consumer Duty regulations pushing lenders to act pre-arrears, Serene has emerged as a critical compliance ally. Its promise? A 2–5% cure rate uplift – potentially millions in recovered revenue. Backed by Fuel Ventures, Serene's go-to-market strategy has won praise from angels like Michael Tefula and pulled interest from tier-1 banks. With a fast-evolving platform, dynamic risk modelling, and a founder who's lived the problem she's solving, Serene is poised to become the empathy engine powering responsible lending.
Yahoo
15-05-2025
- Business
- Yahoo
Read the Pitch Deck This Climate Tech Company Used to Raise $4M
Climate technology firm 51toCarbonZero has raised $4 million in a funding round led by venture capital firm Fuel Ventures. 51toCarbonZero is a carbon-management platform that specializes in media, marketing, and advertising. The firm helps companies measure and reduce climate-warming emissions while maintaining business outcomes. Adtech firms Innovid, Magnite, PubMatic, Mediavine, and agency Dept have all worked with 51toCarbonZero to reduce their emissions. The platform also has a partnership with ad industry group the American Association of Advertising Agencies (4A's) to help support the association's members' efforts to measure their carbon footprints. While some efforts to demand companies reduce their carbon emissions have stalled due to the political environment in the U.S., regulations in the EU will require companies operating within Europe to disclose emissions starting as early as 2028. The rules were initially set to go into effect in 2026, but the EU Parliament voted in early April for a two-year delay to give companies more time to adapt. Inside the Pitch Deck AI Customer Research Firm Conveo Used to Snag $5.3M With the influx of cash, which also includes funding from angel investors, 51toCarbonZero plans to expand its footprint across the U.K., Europe, and the U.S. It will also invest in artificial intelligence to improve clients' experience on its platform. 'We're poised to extend our reach and enhance our platform's capabilities, particularly through AI integration,' Neil Woodcock, cofounder and executive chairman of 51toCarbonZero, said in a statement. The company's mission is to simplify the path to net zero, he continued, in order to reduce global emissions by 500 million metric tons of CO2 equivalent emissions. 'Our continued investment in 51toCarbonZero underscores our confidence in their mission and the impressive progress they've made since our previous investment,' Mark Pearson, founder of Fuel Ventures, said in a statement. He added that the platform 'not only addresses the urgent need for emissions management but also empowers companies to take actionable steps towards sustainability. We're excited to support their expansion into new markets and industries.' Check out the pitch deck below. 51ToCarbonZero – Presentation Deck (2) (2)Download Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-03-2025
- Business
- Yahoo
Digital wallet provider Curve raises £37m in funding
Curve, an UK-based digital wallet provider, has raked in £37m ($47.9) in a funding round led by Hanaco Ventures. Existing shareholders including Fuel Ventures, IDC, Outward VC, and Lord Stanley Fink also contributed to the round. This capital is expected to facilitate the company plans for 2025, focused on new product launches and 'customer-driven enhancements'. Curve plans to expand its market reach, forge new alliances, and enhance its infrastructure, aimed at speeding up its road to profitability. Currently, the company serves over six million users worldwide. Curve CEO & founder Shachar Bialick said: "Curve is the only wallet that adds superpowers to your money; avoid Fx fees from any linked card, split old purchases into installments, earn cashback on top of any card and more. We see issuers looking to enter the market, and networks introducing innovative products such as Visa Flex and MasterCard One Credentials. This investment would allow us to invest further in our customer experience, bring new partnerships, and accelerate our path to profitability." Tomer Jacob FROM Hanaco stated: 'Curve reimagined the digital wallet delivering a one-of-a-kind financial experience that simplifies and supercharges how you pay and manage your money - all without changing your bank. The Curve team has proven to be resilient and innovative, and we are excited to support Curve as it continues to grow, bringing more choice and flexibility to the digital wallet market, and to its millions of users." The Curve Card provides rewards accumulation, real-time spending insights, and avoidance of foreign exchange fees. Its 'Go Back in Time' feature allows users to transfer transactions between cards retroactively, aiding in cash flow management and debt avoidance. Additionally, Curve ReFI offers customers to shift balances between cards, preventing late payment fees, and overdrafts. Curve Flex further supports financial management by enabling customers to split past or future purchases into smaller, more manageable instalments. Curve has partnered with Infact to introduce real-time credit reporting for Curve Flex users. " Digital wallet provider Curve raises £37m in funding " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
