#FinancialInclusion / Pockit raises over £500k in its debut crowdfunding

The fintech says on its Crowdcube page that it will use the money to make its product available in more places across the globe, pointing to international expansion plans.

Pockit is designed with those still underserved by UK banks in mind. The fintech hosts a current account “designed for every consumer, no matter their credit history”… Users of Pockit can send money to 29 countries and tap a prepaid Mastercard for online and in-store spending… the fintech’s 500,000 registered customers can earn up to £20 a month in cashback, and build up their credit scores.