101 British tech start-up ideas that caught our eye
They say the best way to predict the future is to invent it. Find out more about the latest up and coming British tech ideas and get inspired…
Bursting onto the fintech scene alongside a number of money transfer rivals, London-based Azimo’s “low-cost, fast and safe” service provides a cash pick-up, bank transfer, mobile top-up and wallet to 198 countries and 20,000 banks – supporting 73 currencies worldwide. Founded by Michael Kent and Marta Krupinska, the firm raised $20m in June last year to expand into North America and Asia.
Having, like everyone, experienced the hassle of paying as a large group in a restaurant, Tom Weaver and Chris Evans founded Flypay to make the process as swift as possible. Allowing restaurant customers to check, split and pay their bill rapidly, the app has received a £1m funding round from venture capital firm Entreé Capital and secured £150,000 seed funding in July 2013 via the seed enterprise investment scheme (SEIS).
Recognising that many small and medium sized businesses struggle to access the necessary funding and investment required, Katrin Herrling and Olivier Beau de Lomenie founded FUNDING XCHANGE. An online marketplace, FUNDING EXCHANGE allows enterprises to learn about funding options, access large panels of providers and even receive offers. Read more about FUNDING EXCHANGE here.
Founded by entrepreneurial brothers Jessal and Miraj Shah, Mayfair FX provides businesses with a secure, user-friendly foreign exchange platform. Having completely self-funded, the duo hopes to offer both transparency and competiveness with an aim to help small and medium-sized businesses with their overseas trading. Read more about Mayfair FX here.
Mobile waiter service Orderella “removes the pain points of going out” by allowing you to order and pay on your mobile without having to queue and mess around with cards or cash. At the same time, bar and restaurant staff can concentrate on customer service and gain data insights. Originally bootstrapped by its five founders, the app has since raised £1.6m, with plans for a £5m Series A in the pipeline. Read more about Orderella here.
Backed by Sir Alex Ferguson, Pockit prides itself on being “the cheapest and simplest prepaid card” in the UK market. Determined to bring the success of the US market back across the pond, Virraj Jatania, Yuvraj Jatania and Danny Jatania completed their first £1m investment round in May 2014 and hope to see the UK industry ‘explode’ in the coming years. Read more about Pockit here.
Seeking to mitigate the lengthy waiting times app developers faced to get paid, Pollen is a new category of velocity capital that enables users to unlock revenue early and quickly reinvest it in their business. With a founding team of app and mobile entrepreneurs and fintech investors, the start-up straddles the fintech hotbeds of London and San Francisco, invigorating the tech scene on both sides of the Atlantic.
Based in Canary Wharf’s Level 39, one of Europe’s leading financial technology accelerators, TransferGo is a digital money transfer start-up. Founded by Daumantas Dvilinskas, Justinas Lasevicius, Arnas Lukosevicius and Edvinas Sersniovas, TransferGo aims for a faster and cheaper money transfer service than traditional and lenders. With over 100,000 users worldwide, the tech start-up raised €200,000 in a seed round led by Baltic venture firm Practica Captial in late 2012. Read more about TransferGo here.
The short term loan market is broken – and serial entrepreneurs Ged O’Neill and Giles Harridge think they can fix it. Their solution is Uberima, a social enterprise providing short term loans “to the underserved and overcharged”, offering customers the flexibility to borrow from one week to a year and adjust their repayments to their circumstances. The business, based in Manchester’s Media City, is entirely self-funded. Read more about Uberima here.
Founded by Ashwin Parameswaran and Rito Haldar, Unbolted is an asset-based peer-to-peer lending platform that allows borrowers to receive fast, private, transparent transfers at “market-beating rates”. Lenders also benefit by choosing how much and what they lend against. With more than two decades of experience in the financial sector between them working for Barclays and HSBC, Parameswaran and Haldar are on a mission to shake up the industry.
A specialist fintech start-up, Validis provide accurate and reliable financial data on-demand for accountancy firms, financial institutions and large corporations. Believing the financial services sector now operates under intense scrutiny where even audits are now considered a loss leader, CEO Simon Leech feels Validis’ use of the latest technology is now a ‘game changer’ for the financial sector. Read more about Validis here.
Billed as “Europe’s fastest growing mobile wallet”, Yoyo aims to reward shoppers while offering non-cash and non-card methods of payments. Founded by Alain Falys, Michael Rolph and Dave Nicholson, the entrepreneurs raised $5m seed funding from Imperial Innovations, Firestartr, angel investors and the Telefonica Group.
An independent games studio, 22cans was the brains behind the highly successful god-simulator Godus, which hit number one on the Apple iOS store in over 19 countries. Believing ‘free-to-play’ games have earned an unwarranted bad reputation, founders Peter Molyneux and Tim Rance believe it “should be the most amazing thing for the gaming community”.
An international TV channel dedicated to video gaming, GINX TV was started by the founding executive of MTV Europe Michiel Bakker to create content for the gamers he feels have been ignored or misrepresented by the mainstream media. London-based GINX now exports its content to 41 countries and claims to be available in 26 million homes globally – with plans to create a suite of apps for the Xbox One and PlayStation 4.
Health & beauty
Founded on the belief that “happy moms make for healthy babies”, Baby2Body provides new or pregnant mums with advice, guidance, motivation and inspiration through emails, online courses and an online shop selling specially curated goods. Founded by mum of two and sports psychologist Melinda Nicci, the company is made up of a team of beauty, nutrition and fitness enthusiasts. Read more about Baby2Body here.
Having practised as a doctor in the NHS for over 10 years, Dr James Wilson’s medical expertise and a good business eye lead to the creation of HomeTouch, an online marketplace connecting self-employed carers to people looking for homecare. Backed by Healthbox, UnLtd, the government’s Technology Strategy Board and the Nominet Trust, HomeTouch also raised £400,000 from Passion Capital.
With obesity on the rise and a tech-savvy generation increasingly using smart devices to monitor health, Warren Fauvel and Neil Atherton saw an opportunity. They describe their app ‘Nudjed’ as “the Siri of health advice” – an automated service that can measure the help of an organisation and offer targeted advice to improve employee health. The Cardiff-based start-up has raised £275,000 to date.
Launched in 2013, Toothpick allows consumers to book dental appointments online, seeing real-time availability through live integration with dentists’ calendars. Founded by Sandeep Senghera and Jozef Wallis, the booking platform is funded by some of the UK’s leading early stage investors, including Passion Capital, 1 Seed, EC1 Capital and Launcha.
While running his own headhunting firm, Thomas Drewry noticed a lack of transparency with regards to salary and employee payment so alongside Olivier Beau de Loménie, he co-founded Emolument.com. The tech firm offers a free salary comparison service where users receive detailed and interactive remuneration reports vs. their work and university peers. Last July, Emolument closed a round of funding totalling $1.4m from 10 angel investors and existing backers. Read more about Emolument here.
Having raised funding before a “single line of code was written”, student founders Mark Chaffey and Razvan Creanga are on a mission to completely disrupt the tech recruitment sector. Their online recruitment platform Hackajob provides job-specific tests and coding challenges (known as hacks) to its users in an order to speed up the job-hunting process. Read more about Hackajob here.
Ever wanted to look inside the doors of a start-up before you apply for a job there? Well, now you can. Founded by Lauren Hine and Andy Parker, Zealify showcases the culture, work environment and career opportunities in small businesses – allowing job applicants more insight into what it might be like to work at these companies.