Noggin HQ Raises £710K in Pre-Seed Funding

Noggin HQ, a Newcastle upon Tyne, UK-based fintech company, raised £710K in Pre-Seed funding.

The round was led by Oxford Capital, and supported by Bethnal Green Ventures, SyndicateRoom and several domain-specific angels.

The company intends to use the funds to expand operations and its development efforts.

Founded by CEO Evangeline Atkinson and COO Laura Mills Noggin HQ aims to improve credit access for excluded groups made up of young people, recent immigrants and renters. This funding is being used to accelerate the launch of their first product, a price comparison platform, where people can purchase products with fair and transparent credit terms. 

The company received FCA authorisation in December 2023.

FinSMEs

01/05/2024