Exploring Bristol and Bath's Fintech Ecosystem: Meet the Innovative Companies Transforming Finance

Over the years, the team at Rocketmakers has thoroughly enjoyed building software that supports and equips companies in the finance sector. We like to think that we were building fintech before the phrase was coined.Whether helping Bank of America/Merrill Lynch understand why their bespoke software was running more and more slowly or building an innovative user interface (UI) and adding front-end capacity to the team at Seccl, fintech is truly part of our DNA.We decided to explore the local ecosystem to understand the breadth and depth of the fintech community in the Bristol and Bath area (which we call home). There are 50+ companies identified as fintech in the Beauhurt database in Bristol and Bath. Some you might have heard of, and others are a little less public or progressed - here’s a sample to help you better understand the community:

Dancerace - offers a banking and finance software platform for businesses, with a focus on asset-based lending features.*

TotallyMoney - provides a credit comparison service, allowing users to compare and apply for credit cards, loans, and mortgages from various lenders.*

xplore - develops an app that allows users to find and earn loyalty points with independent businesses.

Moneyhub - develops software designed to allow businesses to aggregate and analyse customers financial data as well as facilitate rapid on-site payments via an API.*

Loqbox - offers credit building tools and services that help users improve their credit scores and financial management skills.

Neighbourly - operates an online platform that connects local charities or causes with businesses that wish to donate money.*

Limber - operates a platform for pairing hirers in the hospitality and retail sectors with workers in order to fill empty shifts; also providing payroll services and worker ratings.

Bunch - develops software designed to allow people in shared living arrangements to manage bills from multiple suppliers in one place.

Tumelo - develops a mobile investment app, that aims to help users finance businesses and causes they’re passionate about, such as the environment, new technology and social impacts.

Payaca - develops software designed to help tradespeople and homeowners find financing for home improvements.

Penny - develops a mobile app which utilises AI to find users’ different pension pots and transfers and displays them in one place.

Parmenion - provides asset management and advisory services.*

BillyChip - physical token that allows people to donate safely, securely, and transparently to the homeless in the UK.

* identifies official scaleup companies that have grown 10% or more for the last 3 years with 20 people and £200k revenue at the start of that observation period.