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

A full breakdown of what channels you get with every Sling TV package, plus all the add-ons

  * Sling is one of the most affordable cord-cutting services on the market, offering two packages —  Orange and Blue — with 30+ channels starting at $30 a month or combined for $45 a month. * Orange offers the Disney Channel and ESPN, while Blue offers a slate of Fox channels, NBC, Bravo, and Discovery. Both Orange and Blue offer CNN, TBS, Food Network, and BBC America. * You can also add on multi-channel packages, like Sports Extras, Kids Extras, or News Extras, starting at $5 a month. Premium add-ons, like Showtime, Starz, and Epix, are also available for an additional monthly charge.  * If you're new to Sling TV, you can receive a free 14-day trial for a limited time. * Here's a complete breakdown of the channels offered on each Sling package.    If you're hoping to get the most bang for your buck once you cut the cord with your cable subscription, Sling is one of the most affordable live streaming services on the market.  The service has two packages with ...

Why an early exec quit unicorn food delivery startup Deliveroo to launch a food business in the middle of a pandemic

* A former Deliveroo exec has launched a market food hall startup in the middle of COVID-19. * Dan Warne was managing director of the unicorn startup until 2019, but has now launched Sessions Market as a community food hall concept to rejuvenate UK towns after the pandemic. * Warne says he hopes to bring his experience from Deliveroo, particularly about customer behavior, to the analogue world of food halls. * The first venue, Shelter Hall on Brighton seafront, launches July 4. * Visit Business Insider's homepage for more stories. On Saturday, the UK's bars, restaurants, and cinemas will fling their doors open to customers for the first time since a strict lockdown commenced in late March. Given continued public health concerns around the coronavirus pandemic, it might be unwise to open a new food business right now. But Dan Warne, a former high-level executive at British unicorn startup Deliveroo, has launched Sessions Market, a series of community-orientated food hal...