See other companies on Welcome to the Jungle

Lightning Reach

Connecting people in need to financial support

Lightning Reach logo
1-20 employees
  • Fintech
  • B2C
  • B2B
  • Social Impact
We are a fully remote organisation, with no permanent office

Company mission

To be the leading global platform that seamlessly connects people to personalised financial and wellbeing support, empowering them to improve their financial health and thrive.

Led by a woman
Top investors

Most candidates hear
back within 2 weeks

40% female employees

Our take

The institutions that provide grants currently rely on manual processes to verify the financial information of applicants, which is a very slow process requiring a lot of time and effort. Lightning is a social enterprise setting out to change this by developing proprietary technology which quickly verifies financial needs and accelerates decision-making.

According to Lightning Reach, their proprietary technology can reduce the time associated with this process from over 5 weeks to 3 days. They also decrease the amount of paperwork involved whilst increasing the security of data used.

The startup was founded in the middle of the Covid-19 Pandemic, with the purpose of helping people in financial hardship access financial support faster. They are early-stage and have already partnered with multiple institutions such as Turn2us, Do It, The Charity for Civil Servants, Smallwoodtrust and Plaid. They currently operate solely in the UK.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Work anywhere
  • Share options
  • Home Office Setup or Co-Working Allowance
  • Learning budget
  • Volunteer days
  • 24 days holiday (+ bank holidays)

Company values

  • We think big: We work in a quick and agile manner to build innovative solutions.
  • We collaborate: We place people at the centre and work together to solve real problems.
  • We care deeply: We are supportive, open and put empathy at the heart of our work.
  • We are inclusive: We treat everyone with fairness, respect and integrity.
  • We work with purpose: We take ownership and commit towards making an impact in all that we do.

Funding (last 2 of 4 rounds)

Oct 2023

$1.3m

SEED

May 2021

$0.4m

ANGEL

Total funding: $1.9m

This company has top investors

Leadership

Previously Senior Associate Consultant at Bain & Company, Project Manager, Sales & Loyalty at Starwood Hotels & Resorts Worldwide, Partnership Manager (Asia) at (MILVIK) BIMA and Product Director & Director of Financial Inclusion at Railsbank.

Diversity, Equity & Inclusion at Lightning Reach

  • We have a truly inclusive workplace that breeds innovation, spearheaded by our Founder and CEO, Ren Yi Hooi, who is one of few Fintech founders who is an immigrant and woman of colour
  • We believe that diversity brings strength and fosters innovation. The team at Lightning Reach currently is 50% female and 33% BAME.
  • We are proud to have been recognised by TechNation and awarded the Rising Stars Diversity and Inclusion Award.
  • Not only is it our mission to create an inclusive workplace, but also to build a product where users can find support, regardless of their background.
  • During recruitment, we encourage those from diverse backgrounds (including gender identity, race, ethnicity, nationality, religion, sexuality, disability or age) or lived experience of financial hardship to apply and make efforts to ensure selected applicants are representative of different backgrounds.
  • We ensure we have a diverse interview panel and create transparency through sharing salary ranges, which empowers candidates who may otherwise have been discriminated against in salary negotiations.
  • We are committed to developing each team member through mentoring, training, and performance reviews, so that regardless of their background or experience, we work together to meet their goals for growth and advancement.

Endorsements

All

Meaningful work (5)

Inspiring mission (2)

Opportunities to learn (1)

Tech & tools (1)

Hard working team (1)

My opinions are valued (1)

Open and honest communication (1)

Flexible working (1)

Team energy (1)

Focus on employee wellbeing (1)

Lightning Reach 1Lightning Reach 2Lightning Reach 3