Lifescale Limited

Lifescale Limited is a financial technology company based in London, specializing in innovative financial planning solutions that improve customer engagement and financial outcomes for financial institutions. Founded in 2010 in London, UK, Lifescale Limited provides advanced financial planning tools to banks and financial institutions. The company is led by CEO Vinay Jayaram, who has a background in entrepreneurship. Lifescale secured Angel funding in April 2017, marking its first investment round.

Lifescale Limited specializes in delivering innovative financial planning solutions aimed at enhancing customer engagement and improving financial outcomes. Their core offerings include an advanced API that empowers banks and financial institutions to deliver personalized financial products to meet specific needs, such as retirement planning and investment management. The company focuses on younger demographics, especially Millennials, by simplifying complex financial concepts through user-friendly interfaces. Their products cater to various geographical markets, including the United Kingdom, Europe, and North America, aimed at modernizing client engagement strategies.

Lifescale Limited generates revenue primarily through partnerships and subscriptions with financial institutions utilizing their API and software solutions. Financial organizations subscribe to Lifescale’s platform, enabling them to integrate tailored financial planning tools into their customer services. This model supports a recurring revenue structure, providing institutions with improved financial insights and product offerings while pricing is customized based on the specific needs of each institution. In 2014, the company reported an EBITDA of USD -95,165.

Lifescale Limited plans to launch new products aimed at enhancing their service offerings in the next year, though specific release dates are not disclosed. The company is focused on expanding into additional markets in Europe and North America, with a strategy to increase its footprint by 2025. The recent Angel funding round from April 2017 will be utilized to drive product development and market expansion initiatives.