Algbra Group Limited
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Algbra Group Limited - overview
Established
2020
Location
Manchester, -, UK
Primary Industry
Financial Services
About
Founded in 2020 and based in Manchester, UK, Algbra Group Limited operates as a Sharia-compliant and B-Corp-certified FinTech company. The company was founded by CEO Zeiad Idris and COO Fizel Nejabat. In April 2024, Algbra Group Limited raised approximately USD 10 million in venture funding from SC Ventures. Algbra offers a finance mobile application that allows users to manage their money, track their progress, offset their carbon footprint, and invest in sustainable causes.
Users can download the application from the iOS Store and the Play Store. In addition, the firm offers Fintech as a Service (FaaS) solutions and digital banking solutions. The company plans to use the funds raised in April 2024 to boost the fintech as a service offering from Algbra.
Current Investors
British Business Bank, NWG Service Holding, SFC Capital
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.algbra.com
Verticals
FinTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
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