Loot, a UK-based digital bank startup, is set to launch a new equity crowdfunding campaign on Seedrs. Founded in 2014, Loot describes itself as a current account and contactless Loot Mastercard card that offers insights into spending with personalized features to manage money. The company reportedly received an investment from the Royal Bank of Scotland (RBS) earlier this year.
“Loot is a current account and works just as you would imagine, only, Loot is not a bank. The difference is how we look after your money. Your Loot card is a Mastercard and is protected by Mastercard rules. Your money is kept in a separate, protected account and is available anytime you need it. We never ever take risks with your money (it doesn’t get invested in anything), and so, your account isn’t covered by the Financial Services Compensation Scheme. This separate, protected account is controlled by Wirecard, the company who issues our Loot cards. In the unlikely event Wirecard becomes insolvent, your money would be protected against any claims made by creditors.”
The company’s product features include Personal Budging, Creation of #LootGoals (allowing users to put money aside for personal items such as holidays and big purchases), and spending insights. Mark Bailie, former COO at RBS and Bó Chief Executive, recently stated:
“Loot is a really exciting brand and one that we’re proud to be associated with. Through it’s innovative use of technology and intention to change the status quo, it’s quickly built a following of loyal customers, with potential for rapid future growth.”
Funds from the upcoming Seedrs round will be used for the following:
Accelerate growth
Launch version 3.0 of Loot and develop new features and products for our 18-24 demographic
Grow the Loot team
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!
Sponsored Links by DQ Promote
Reg A - Form 1-A Filings Beta
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Nov 7, 2026 vs Jan 1, 2025 - Nov 7, 2025
Share this graph
Number of Filings134Prior 129 +3.9%
Target Raise, Total$3.45BPrior $3.59B -3.8%
This YTD
Year prior
Change
Filings
134
129
+3.9%
Target raise
$3.45B
$3.59B
-3.8%
Sponsored by
the Crowded Media Group
the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us@CrowdfundInside
This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it and agree to our terms of service.
“Loot is a current account and works just as you would imagine, only, Loot is not a bank. The difference is how we look after your money. Your Loot card is a Mastercard and is protected by Mastercard rules. Your money is kept in a separate, protected account and is available anytime you need it. We never ever take risks with your money (it doesn’t get invested in anything), and so, your account isn’t covered by the Financial Services Compensation Scheme. This separate, protected account is controlled by Wirecard, the company who issues our Loot cards. In the unlikely event Wirecard becomes insolvent, your money would be protected against any claims made by creditors.”
