Skip to main content

Here's an exclusive look at the pitch deck London fintech Lanistar used to raise $19 million at a $190 million valuation

* London-based fintech startup Lanistar has raised a £15 million ($19 million) funding round from Milaya Capital.  * Founded in 2019, Lanistar is building a personal financial management platform that will launch later in 2020.  * "We're expecting a huge amount of growth upon our launch and have already seen strong interest among our sign ups," Gurhan Kiziloz, founder and CEO of Lanistar, told Business Insider. * Visit Business Insider's homepage for more stories.  The coronavirus lockdown in the UK has brought the importance of managing money into sharp relief. A recent study from Money.com shows that 71% of UK households have saved cash during lockdown, and, with uncertainty about jobs and the economy looming, money management is now front of mind for many. Lanistar, a banking platform with a focus on personal finance, is one company offering tools for consumers to better manage their money. It has just raised a £15 million ($19 million) funding round from Milaya Capital, at a £150 million ($190 million) valuation. "Personal financial management is incredibly important during the lockdown," Gurhan Kiziloz, founder and CEO of Lanistar, said. "With so many people furloughed and losing their jobs, people need to feel they have the tools to streamline their finances and spend their money more wisely." Lanistar, founded in 2019, plans to fully launch later this year. As part of its launch, the company will offer a polymorphic bank card that allows up to eight different accounts on it.  Raising funds wasn't too taxing, despite the coronavirus pandemic, Kiziloz said. "Surprisingly it has been fairly easy for us," he said. "We have longstanding relationships with our VCs, so COVID hasn't impacted us in that sense." Lanistar has 45 employees, as well as a 150-strong customer support team in Greece. Kiziloz is determined to make the startup into a £1 billion ($1.25 billion) unicorn. "We're expecting a huge amount of growth upon our launch and have already seen strong interest among our sign ups, so we'll be using this funding to invest in a strong customer support network that will help us have superior customer support to other fintech companies out there," Kiziloz added. "We'll also be investing more into our operations and ensuring we will have enough product to meet demand." Check out Lanistar's pitch deck below: SEE ALSO: We got an exclusive look at the pitch deck will writing startup Farewill used to raise $25 million
https://bit.ly/32ei6Gk

Popular posts from this blog

'What is the X-Ray feature on Amazon Prime Video?': How to find and view bonus material about TV shows and movies

* X-Ray is an exclusive feature on Amazon Prime Video that displays bonus material about a show or movie, similar to the bonus features on a DVD. * X-Ray can show you information about the actors in a scene, the musical soundtrack, trivia, and more. * To activate X-Ray, you generally only need to click or tap within a video that's currently playing.   * Visit Business Insider's Tech Reference library for more stories. Amazon Prime Video's X-Ray feature is, at least for now, not available on any other video streaming service. X-Ray works like the bonus features you find on a DVD or Blu-ray. With just a few clicks or taps, you can get additional information about many of the TV shows and movies on Prime Video. When you activate X-Ray, Prime displays an overlay on top of your show, offering additional information.  Check out the products mentioned in this article: Amazon Prime Video ($8.99 a month at Amazon) Roku (from $49.99 at Roku) There are several kinds of info...

The $136,000 Maserati Levante GTS is a drool-worthy preview of what Ferrari's SUV could be like (FCAU)

* I tested a 2020 Maserati Levante GTS SUV that with thousands in options stickered at approximately $136,000. * The Maserati Levante GTS has a 550-horsepower, twin-turbocharged V8 engine, plus a gorgeous red interior. * The Levante GTS is beautiful, powerful, and fast. That puts it near the top of the luxury, high-performance SUV segment. * But competition is coming — and the Levante is a great preview of what Ferrari may put on the road in the next few years. * Visit Business Insider's homepage for more stories. Let's say you want a Ferrari, but you hail from a strange region where nobody is taught the lore of Maranello sports cars. An SUV is just your style, you decide. So you swing by your friendly neighborhood prancing horse dealership one day and ask if you can look at a couple of utes.  The dealer would thank you for your interest and slip you the business card of a colleague who represents Maserati, which since 2016 has been selling the Ferrari of SUVS, right dow...