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Successfully funded
Capital at risk
overfunded
Squirrel
125%
Raised
£503,100
Investors
707
Target
£400,000
Equity
6.71%
Pre-money valuation
£7,000,000

Squirrel is a Barclays-held account that splits your salary up into bills, savings, and a weekly allowance. Rated best product in the regular saving category ahead of Natwest and RBS, Squirrel has won numerous awards and is backed by VC/angel investors including the founder of Funding circle.

  • Backed by Kima Ventures, investor in Transferwise now worth over $1bn
  • Experienced management team. Successful exits in previous tech co
  • Awards include FinTech 50 and BusinessCloud Top 101 Disruptors
  • Squirrel users save 10x more than national average

Idea

People are bad with money! UK individuals struggle to:

• Save money (average saved is just 1.7% of post tax income)

• Create and stick to a budget (21% of workforce in overdraft 1 week after payday)

Squirrel is a Barclays Techstars company on a mission to stop people running out of money, and make achieving financial goals easy.

While banks continue to make spending easier and offer overdrafts and credit to monetize, Squirrel makes it harder to spend money when you don’t need to, and makes money through subscription - helping customers stick to a budget and build savings!

How it works

Squirrel is a Barclays-held account that splits your salary up into bills, savings, and a weekly allowance. You can rest assured knowing your bills are paid, your savings are automatically kept on track, and you always have spending money every week.

Highlights

- 2016 Consumer launch

- 15k signed up users

- £9m paid into Squirrel

- Rated best product in the regular saving category ahead of Natwest, RBS and Barclays!

- Squirrel users save 10x more than national average

- Incredible reviews - See images

Squirrel aims to change millions of UK lives for the better:

• 26m people make < £40k p.a.

• Massive and growing debt problem in UK (£200b of consumer credit lending)

• 70% of population has < 3 months income saved

• 66% of population has no financial goals/plan to achieve them

THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE BY THE COMPANY RAISING FINANCE AS IDENTIFIED ABOVE (THE "COMPANY") IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY AND SUBJECT TO THESE TERMS AND CONDITIONS.  CROWDCUBE CAPITAL LTD IS AUTHORISED BY THE FCA AND CARRIES OUT DUE DILIGENCE ON EACH COMPANY THAT LISTS ON CROWDCUBE AS SET OUT HERE.
 
This investment opportunity is not an offer to the public and is only available to registered members of Crowdcube.com who have qualified and categorised themselves as able to invest.  The investment opportunity is not directed at persons located in the United States, Canada or Japan. Any person resident outside the United Kingdom who wishes to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict access.
In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended, subject to certain exceptions, that any offering of the securities mentioned in such materials (the "Securities") by the Company would be made, or any documentation be sent in or into, the United States, Canada or Japan.  There will be no public offering of the Securities in the United States.
 
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If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.  Crowdcube’s or the Issuer’s press announcements and this information page do not constitute an offer to sell securities of the Company.  Further, it does not constitute a recommendation by the Company, Crowdcube or any other party to sell or buy securities in the Company.
 
By registering or logging into Crowdcube.com to view the investment opportunity, you certify that you are legally entitled to view the investment opportunities, are an authorised investor and you agree to all applicable terms and conditions on this website, including this disclaimer.

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Squirrel

Join to read more information about the Squirrel team, documents, and what other investors are saying about the pitch.

If you choose to invest we won’t take your money until the pitch closes and you can cancel your investment at any time.

Crowdcube is a leading investment crowdfunding platform

Successfully Invested
£534m+
Registered Investors
600k+

To see the rest of the Squirrel pitch, join now.
It’s free, quick and easy.

Squirrel

Join to read more information about the Squirrel team, documents, and what other investors are saying about the pitch.

If you choose to invest we won’t take your money until the pitch closes and you can cancel your investment at any time.

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Crowdcube is a leading investment crowdfunding platform

Successfully Invested
£534m+
Registered Investors
600k+

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I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-readily realisable securities.

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I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on non-mainstream pooled investments.

By joining, I agree to Crowdcube's terms and conditions, the conditions set out in the above investor statement as of 17th October 2018, and confirm that I have read Crowdcube's privacy policy.

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