Fluidly Limited

Fluidly Limited is a financial technology company that specializes in providing cash flow forecasting and management solutions for businesses, enabling them to optimize their financial operations. Fluidly Limited, founded in 2016 and headquartered in London, UK, focuses on cash flow management solutions for businesses. The company was acquired by OakNorth UK Ltd in December 2021 from AllBright, Anthemis Group, NYCA Partners, and Octopus Ventures. The acquisition was part of a strategic move to enhance OakNorth's offerings in the financial technology space.

The founder, Mark Reynolds, has a history of entrepreneurship, although further details on prior ventures are not publicly available. Since its inception, Fluidly has completed a total of 5 deals, with the most recent funding round being a Grant of GBP 5. 000 mn led by the Capability and Innovation Fund, totaling GBP 5. 000 mn raised to date.

Fluidly Limited offers a suite of cash flow forecasting and management tools designed to help businesses predict and manage their cash flow effectively. Their services include automated cash flow analysis, real-time financial insights, and integration with accounting software to enable seamless financial management for SMEs and entrepreneurs. Fluidly Limited generates revenue primarily through its subscription-based model, which provides businesses with access to its cash flow management tools and services. Revenue is derived from subscription fees for various service tiers, allowing clients to choose a plan that best fits their financial management needs.

The company's emphasis on providing tailored support ensures effective cash management solutions for its clients. Fluidly Limited plans to enhance its product offerings by developing new features aimed at improving cash flow forecasting capabilities, with a potential release expected by late 2023. The company is also targeting expansion into international markets, specifically focusing on the European and North American regions by 2024. The recent funding round will be utilized to support these growth initiatives, allowing Fluidly to innovate its platform and enter new markets efficiently.