Yonder Raises £20M in Seed Funding

Yonder founders

Yonder, a London, UK-based new credit card startup founded by ClearScore alumni, raised £20M in seed funding.

The round was co-led by Northzone and LocalGlobe, with Seedcamp participating alongside a host of angels, including Sharmadean Reid, Marshmallow founders Oliver and Alex Kent-Braham, and Rio Ferdinand.

The company intends to use the funds to grow the team and build their selection of rewards and features.

Co-founded by Theso Jivajirajah, Harry Jell, and CEO Tim Chong, Yonder offers a credit card and rewards program that will provide members with access to exclusive drinking, dining and leisure experiences with partners including The Gladwin Brothers and Kricket restaurants, plus the ability to spend abroad with zero FX fees.
Yonder secured FCA authorisation in just nine months.

From today, Yonder will open its waitlist to customers in London, who can apply to join its Founding Members’ program for early access to the credit card.

FinSMEs

31/03/2022