Thank you for your continued interest and support to us! As always, here is a sneak peek into what we are up to.
Customers:
47% month-on-month (m-o-m) growth - as we slowly let a few more customers in. Only 3 account closures.
Merchants:
61 live conversations (up 24% m-o-m ); First revenues generated in Sept.
Product:
71% of users have received at least one upside (showing good coverage). Remaining constant m-o-m.
The average upside is up 22.9% against the baseline.
The AOV (average order value) at in-scope partners were up 18% from the baseline (proof of incrementality).
Tech:
Processed a total of 400k+ transactions (up 97% m-o-m).
New features launched:
Multi-account linking (you are now able to link ALL your bank accounts and credit cards).
Ops:
92.1% straight through onboarding.
Customer engagement and feedback score of 4.8 out of 5.
Team:
Morale is high. Sept was a good month, we are starting to run like a business.
Distribution:
Good progress with 12 active conversations.
Funding:
Overfunding (104%), with 207+ investors onboard! https://www.seedrs.com/upsidesaving/
HOW TO GET INVOLVED:
Invest - only 10 days left!
- If you’ve not already invested, please either contact me (for investments of £10k or more), or invest on our Seedrs page: https://www.seedrs.com/upsidesaving/
Sign up to the app:
- Please note that this is only available if you have a UK bank account, and iOS only (for now).