Nuke From Orbit, a London, UK-based fintech startup, raised £500K in Pre-Seed funding.
The round saw participation from Oliver Bridgen, and Jordan Hallows.
Led by Max Deeley, Alexandru Dobrescu and James O’Sullivan, Nuke From Orbit is developing a service that allows subscribers to block access to multiple services and accounts simultaneously, avoiding account compromise issues and monetary loss when their smartphone gets stolen. It cancels bank cards, secures digital accounts (banking apps, email, digital wallets, social media, etc.), and blocks the device SIM in a single action.
The company intends to use the funds to prepare the technology for public beta testing in the UK market in late 2024 and expand the team to bring partners on board. Subsequently, Nuke From Orbit plans to take the service global, prioritising countries with high smartphone adoption, higher crime rates and strong traction in modern financial services such as Open Banking.
FinSMEs
07/03/2024