Startups
At ilumoni, we want to help UK borrowers make borrowing work for them.
For too long it has been easy to borrow but hard to borrow well, with millions of us paying more in interest and fees, and carrying debt for longer than we need to. We think it’s time this changed.
The ilumoni app connects your credit report, bank and credit accounts together, analyses your borrowing and repayments and finds better products or smarter ways to repay, just for you.
Personalise - tell us your goals, priorities and how you feel about your borrowing.
Understand - ilumoni analyses your accounts to provide insights into your borrowing.
Manage - see the simple changes you could make and the impact they'll have.
Improve - find better products and ways to repay, aligned to your goals.
To find out more, or download the app, visit www.ilumoni.com and start your #BorrowWell journey today.
For too long it has been easy to borrow but hard to borrow well, with millions of us paying more in interest and fees, and carrying debt for longer than we need to. We think it’s time this changed.
The ilumoni app connects your credit report, bank and credit accounts together, analyses your borrowing and repayments and finds better products or smarter ways to repay, just for you.
Personalise - tell us your goals, priorities and how you feel about your borrowing.
Understand - ilumoni analyses your accounts to provide insights into your borrowing.
Manage - see the simple changes you could make and the impact they'll have.
Improve - find better products and ways to repay, aligned to your goals.
To find out more, or download the app, visit www.ilumoni.com and start your #BorrowWell journey today.
Overview
Location
United Kingdom, England, Barnsley
Employees
11-50
Total raised
$2.14M
Founded date
2019
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Nov 12, 2020 | Funding round | $448.56K |
Mentions in press and media 8
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Oct 14, 2021 | Borrower Wellbeing App ilumoni Launches On iOS and Android After £1.63 Million Investment | 0 shares Share Tweet Pin LinkedIn Borrower wellbeing app, ilumoni has officially launched and is now available to download on Android and iOS devices. The app, which has received £1.63 million in investment since inception and gained ... |
| May 14, 2021 | UK Fintech Startup ilumoni Acquires £1.2M in Seed Funding, Receives FCA Authorization | ilumoni, a Fintech app that aims to assist consumers with borrowing, has secured £1.2 million in an over-subscribed seed funding round. ilumoni has finalized its round after introducing the Beta version of its app earlier this year. ilumoni... |
| May 13, 2021 | Yorkshire-based borrow better app ilumoni raises £1.2 million in seed round | Yorkshire-based ilumoni has raised £1.2 million in an oversubscribed seed round which attracted an additional 20 angel investors to the project. The fintech startup reports that the funding will be used to take the product to market with Ap... |
| May 13, 2021 | Financial wellbeing app ilumoni raises €1.3 million to help people borrow money better | ilumoni, the startup app that aims to help people borrow well, has raised around €1.3 million in an over-subscribed seed funding round after successfully launching in Beta earlier this year. Founded in 2019, the purpose-led, AI-driven finte... |
| Nov 12, 2020 | British AI fintech startup ilumoni raises €380K to make it easy for people to borrow well | ilumoni, the British fintech startup helping people to borrow better, save on unnecessary interest and time in paying off debts has raised more than €380K pre-seed investment backed by Move Ventures (formed by the founders of Market Gravity... |
| Yorkshire-based borrow better app ilumoni raises £1.2 million in seed round | Yorkshire-based ilumoni has raised £1.2 million in an oversubscribed seed round which attracted an additional 20 angel investors to the project. The fintech startup reports that the funding will be used to take the product to market with Ap... | |
| UK’s first AI-powered borrower wellbeing app launches after raising £1.6M funding | UK-based ilumoni is the UK’s first AI-powered borrower wellbeing app that uses open banking, credit and market data to build a fast, accurate and realistic picture of the user’s debt. Now, the company announced that it has received £1.63 mi... |
Reviews 0
FAQ about ilumoni
When was ilumoni founded?
ilumoni was founded in 2019.
How much funding has ilumoni raised?
ilumoni has raised $2.14M in total across 2 funding rounds.
What funding rounds has ilumoni raised?
Parsers VC lists 2 funding rounds of ilumoni, among them a funding round of $448.56K on Nov 12, 2020.
What has the press written about ilumoni?
Parsers VC has collected 8 articles mentioning ilumoni, among them “Borrower Wellbeing App ilumoni Launches On iOS and Android After £1.63 Million Investment” (Oct 14, 2021) and “UK Fintech Startup ilumoni Acquires £1.2M in Seed Funding, Receives FCA Authorization” (May 14, 2021).
Is ilumoni still active?
Yes, ilumoni is active; its latest activity on Parsers VC dates from Oct 18, 2021.