Wollit logo — The Financial Inclusion Platform for Britain.
On a mission t...

Wollit

The Financial Inclusion Platform for Britain. On a mission to help 1M+ people access fair credit by the end of 2026.

Founded 2019 United Kingdom London, United Kingdom 7 employees Seed Total: $4.00M Finance, Financial Services +2

General Information

Company Name Wollit
Founded Year 2019
Location United Kingdom London, United Kingdom +1
Employees 7
Industries Finance, Financial Services, Fintech +1
Funding Stage Seed
Social

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About Wollit

Wollit is an innovative player in the Fintech space, targeting the underserved segment of individuals facing barriers to traditional credit. Founded in 2019, the company is headquartered in the United Kingdom and has been making significant strides in the Finance and Financial Services industries.

With a compelling mission encapsulated in its slogan, "Award-winning credit builder. On a mission to help 1M+ people access affordable credit by the end of 2026," Wollit focuses on creating the UK’s first all-in-one credit platform for the 16 million people previously locked out of traditional credit options. Since its inception, the startup has garnered support from world-class investors and collaborated with one of the world’s largest banks, aiding thousands in building a sustainable financial future.

After securing a £3.00M seed round investment in January 2022, Wollit's small, ambitious team continues to challenge industry norms, paving the way for accessible and affordable credit solutions. Investors looking for impactful ventures in the Lending and Investments space might find Wollit a compelling opportunity.

Taxonomy: credit building, financial inclusion, affordable credit access, credit history improvement, fintech solutions, credit platform, financial empowerment, innovative financial services, credit score enhancement, bank partnerships, awarded financial technology, investor-backed startup, ethical finance, consumer financial education

Services & Products

Rent Reporting
Payment Reporting
Affordability Boost
Credit Smart Education
AI Credit Assistant (Olli)

Target Customers

renters individuals with thin credit files people seeking credit score improvement users without credit history consumers denied credit access

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed •••••• - 01 Jan 2022
Seed •••••• 5
Investor Investor Investor Investor Investor
01 Feb 2020

Wollit Alternatives & Competitors

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Wollit vs
FreshCredit®
FreshCredit® United States

▪️Control your data. Control your credit.© 🔐 ▪️Build credit anywhere in the world. 🌎 ▪️Signup for...

Non Equity Assistance
14 employees
AI, Biotechnology
Wollit vs
Mission Lane
Mission Lane United States

Join the Movement

Series Unknown
412 employees
Finance, Financial Services
Wollit vs
Arro
Arro United States

Increasing financial wellness through fair credit access.

Series A
28 employees
Financial Services

FAQ About Wollit

The Financial Inclusion Platform for Britain. On a mission to help 1M+ people access fair credit by the end of 2026.
Wollit was founded in 2019.
Wollit is headquartered in London, United Kingdom.
Wollit operates in the following industries: Finance, Financial Services, Fintech, Lending and Investments.
Wollit has approximately 7 employees.
Wollit has completed 2 funding rounds, raising a total of $4.00M. The latest funding stage is Seed.
Wollit offers: Rent Reporting, Payment Reporting, Affordability Boost, Credit Smart Education, AI Credit Assistant (Olli).
Top alternatives and competitors to Wollit include FreshCredit®, Mission Lane, Arro, Palmetto Citizens Federal Credit Union, Altro. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Wollit and FreshCredit® 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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