Score Genius is building a disruptive consumer financial management platform. The platform will provide a single view of your credit profile, bank accounts and credit cards, and seamlessly integrate vouchers, cashbacks and money saving initiatives based on your spending habits.
Our vision is to improve the quality of life of the vast majority of the UK population, by providing free tools that increase monthly disposable income.
No single product exists that can manage all aspects of someone's finance and analyse consumer spending habits, whilst at the same time make it easy for consumers to save as they spend.
The Score Genius platform will allow you to see and monitor your credit file across multiple bureaus, import and analyse spend across all bank accounts and credit cards, and automatically drop money back into your account when you spend at your favourite stores.
On the credit profiling side alone, our main competitor Clear Score Technology reached £27.6m revenue by the end of year 2 in 2017, and sold to Experian for £275m. Our model goes much further than credit profiling and will integrate Open Banking technology to revolutionise financial management and money saving.
We will be targeting all UK households. As of 2017, there were 27.2m households representing 41.4m potential consumers.
We are finalising commercial negotiations with major technology partners and all API integration testing is now complete. We plan to generate revenue through voucher redemption, energy switching and digital advertising.
Funds will be used to expand the team, gain user traction and to update the product features to the beta phase ready for public launch in March 2019.