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Successfully funded
Capital at risk
Wombat Invest
  • Equity
83%
Raised
£209,160
Investors
479
Target
£250,000
Equity
25.51%
Pre-money valuation
£730,000

Designed to allow people to invest in some of the world’s best-known brands for as little as £10, Wombat aims to launch their fintech platform by April 2018 in order to empower people to manage, save and grow their money in themed Exchange Traded Funds (ETFs).

  • UK based agency appointed to commence the project post-funding
  • Wombat enables you to invest in themed funds for as little as £10
  • Past entrepreneurial experience within the team
  • The company aims to expand into Europe in the future
Information The company had £150,000 of its SEIS allowance remaining at the start of this raise. This will be allocated to investors on a first come first served basis. Any investments made after that limit has been exceeded will not be SEIS eligible but will potentially be eligible for EIS. The potential tax relief of any investment will be confirmed by email to investors, after they have submitted their applications to invest, and will depend on an investor's individual circumstances. The pitch has had a further extension and will expire at midnight on the 12th February 2018.

Idea

Our Mission:

At Wombat our mission is to empower generations to manage, save and grow their money. Our goal is to break down barriers that prevent people from investing. Wombat will allow people to invest in some of the world’s best known brands for as little as £10.

Business Model:

Wombat will operate a subscription and percentage of assets based model, charging a £1 monthly fee to all customers, a platform fee of 0.45%, and a ETF provider fee of 0.25%.

Financials:

Wombat aims to run a lean operating model and leverage on new technologies. Expansion into Europe will follow.

The business model projects that recurring revenue, life time value (LTV) and monthly active users (MAU) will be high. More products are planned with the aim to further increase revenues, along with a premium subscription service.

A UK-based development agency is now briefed from a shortlist and ready to commence the project once funds are established. A Directors loan exists.

Projections:

Wombat aims to launch by April 2018. A further £1-2 million pounds is to be raised within 12 months of operation to implement the second phase strategy.

Timeline:

- Year 1 we will build and market the product.

- Year 2 offer new products, premium subscription and expand into Europe.

- Year 3 will aim to launch new products and further grow internationally.

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.
 
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Wombat Invest

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

Wombat Invest

Join to read more information about the Wombat Invest 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
£505m+
Registered Investors
587k+

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