Overfunding: UK Fintech Anna Money Surpasses £3 Million Funding Target on Seedrs

Anna Money, a UK-based fintech that specializes in SME business banking, has successfully secured its initial £3 equity crowdfunding campaign target on Seedrs.

As previously reported, Anna stands for Absolutely No-Nonsense Admin. The company describes itself as a business current account for startups and small businesses. The company manages invoicing and comes with a debit Mastercard as well. Anna further explained that it is a mobile business account aimed at the creative industries, small business owners and freelancers. The Seedrs round was launched just a little over six months after Anna Money received an £8.5 investment from tech investment firm, Kinetik.

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’s current features are the following:

  • Online on-boarding (includes KYB and KYC). 25% of our customers have an account open in less than 10 minutes.
  • Business current account with a UK sort code
  • Debit card provided by Mastercard
  • Smart invoice creation and sending
  • Digital receipt storage to track expenses
  • Tax calculation help and reminders
  • 1% cashback on a range of business services
  • 24/7 chat support from Anna’s team in Cardiff

Funds from the Seedrs round will go towards the fintech enhancing its tax calculation and expense processing service, as well as deepen its AI capabilities to better serve its customers.

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