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Bits logo — Bits - Credit Cards and More

Bits

Bits - Credit Cards and More

Founded 2018 United Kingdom London, United Kingdom 49 employees Seed Total: $230.00K Fintech, Internet +2

General Information

Company Name Bits
Founded Year 2018
Location United Kingdom London, United Kingdom +1
Founders / Decision Makers
Team member
Employees 49
Industries Fintech, Internet, Mobile +1
Funding Stage Seed
Social

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About Bits

Bits, founded in 2018, is a promising player in the fintech sector, focusing on helping users build credit. Operating from its headquarters in the United Kingdom, this startup leverages the convergence of internet, mobile, and payments industries to offer innovative credit-building solutions.

A Y Combinator backed initiative, Bits showcases a strong potential for growth within the competitive fintech landscape. The company last secured a $125.00K Seed Round investment on 25 August 2020, with Y Combinator being a key investor, underscoring the startup's credibility and traction in the market.

Bits’ slogan, "Bits - Build Credit", effectively encapsulates its mission, emphasizing its commitment to providing accessible and efficient solutions for credit development. Its strategic position within the United Kingdom potentially opens the door to expansive user acquisition and retention opportunities across Europe.

Taxonomy: Credit building, Digital store card, Credit scoring, Consumer finance, Y Combinator, Payment technology

Services & Products

Bits Credit Card
Bits Store Card
Bits Subscription
AI Chat Support

Target Customers

First-time Credit Card Users Individuals Building Credit Young Adults Seeking Financial Management Tools

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed •••••• 1
Investor
01 Sep 2020
Seed •••••• 1
Investor
01 Oct 2018

Bits Alternatives & Competitors

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Bits vs
Bits of Gold
Bits of Gold Israel

Providing trusted B2C and B2B/2C crypto brokerage services, with seamless integration and robust sec...

Seed
32 employees
Crypto, Financial Services
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Bits vs
Business IT Solutions (BITS)
Business IT Solutions (BITS)

Empowering Limitless Payments

39 employees
Bits vs
Bits of Stock™
Bits of Stock™ United States

We make rewarding in fractional shares of stock as easy as earning a loyalty point.

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14 employees
Financial Services, Fintech
Compare Bits vs Bits of Stock™
Also compare with: Bits vs Concerto Card Company Concerto Card Company View all alternatives

FAQ About Bits

Bits - Credit Cards and More
Bits was founded in 2018.
Bits is headquartered in London, United Kingdom.
Bits operates in the following industries: Fintech, Internet, Mobile, Payments.
Bits has approximately 49 employees.
Bits has completed 2 funding rounds, raising a total of $230.00K. The latest funding stage is Seed.
Bits offers: Bits Credit Card, Bits Store Card, Bits Subscription, AI Chat Support.
Top alternatives and competitors to Bits include Bits of Gold, Business IT Solutions (BITS), Bits of Stock™, Choice financial services, Concerto Card Company. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Bits and Bits of Gold are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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