Anna Money, a UK-based fintech that specializes in SME business banking, has received an £8.5 investment from tech investment firm, Kinetik. Founded in 2017, Anna, which stands for Absolutely No-Nonsense Admin, describes itself as a business current account for startups and small businesses. The company manages invoicing and comes with a debit Mastercard as well.
“Behind ANNA Money is a quirky lineup of humans from across the globe – from London, Moscow, Auckland, and almost everywhere in between. We’re experts in finance, AI, business building, branding, creative leadership, customer service, teamwork and doing your admin. We’ve made an app for people like us who are proud to be a bit different, but face the same list of financial chores as everyone else.”
Anna also provides the following:
- Instant account statements in CSV or PDF formats
- UK-based customer service, available 24/7
- Ability to freeze your Mastercard in the app
- Ultra secure, 2-factor authorization
- Free UK ATM withdrawals
- Late payment chasing
Speaking about the investment, Kinetik Director, Anthony Julius, reportedly stated:
“Anna is very different from typical fintech startups and it’s been created by brave and progressive entrepreneurs. So we’re excited to partner with Anna and contribute to its future expansion.”
Eduard Panteleev, Co-Founder and CEO of Anna, went on to add:
“Kinetik’s investment is invaluable in helping us create more useful tools and services that are vital to making [life] easier for our customers; the imaginative and visionary, dedicated and hardworking people behind all small and medium sized businesses.”
Anna is planning to use the investment to continue the growth and development of its customer service.