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Tunic Pay

Infrastructure to fight financial crime

Tunic Pay logo
1-20 employees
  • Fintech
  • B2B
  • Payments
  • Fraud
Westminster, London, UK

Company mission

Tunic's mission is to rid the world of scams.

Led by a woman
Top investors

40% female employees

Our take

Scams are a major problem in the UK, with residents losing huge amounts of money to fraudsters every year. Tunic wants to help combat this problem, by rearchitecting payments infrastructure so that both financial institutes and consumers have control over every transaction.

This is an admittedly ambitious undertaking, but one that represents a vast opportunity given the right approach. Currently in stealth, we are yet to see how Tunic develops. But, the company is certainly one to watch as it invests its recent seed funding into building out the team that will “solve payments fraud”.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Company values

  • We haven’t developed company values yet, but a note on some of the characteristics we seek:
  • 🟢 “Yes and”: This business needs creativity – we value well-channelled positivity (and the discomfort of ideation!) above intellectual scepticism
  • 🏎️ “Speed is the new steadfast ”: This market opportunity is ours for the taking so we deploy velocity by default (UNLESS identified high risk). We don’t value effort (sorry!), but we value outcomes + efficiency⚡
  • 🏹 “Straight-shooters”: We tell it like it is. To our customers, our investors, ourselves
  • ↩️ “Change is the only constant”: We prize flexibility and adaptability – we don’t overpromise on a single strategy or career path
  • 🧭 “Taking the decade-long view”: We are focused on longevity, not hype. So our team will remain “small is beautiful”, and won’t take ethical shortcuts
  • 👹 “Pranksters not fraudsters”: We’re serious about our work, but not about ourselves. We delight in bringing a little troll spirit

Leadership

Nicky Goulimis

(Co-Founder)

Previously co-founded Nova Credit, helping immigrants access credit, and they continue to serve as a Board Director. Ex-Bain, Stanford, Cambridge.

Nico Barawid

(Co-Founder)

Previously co-founded and was CEO at Casai, LatAm’s largest short-term rental operator, backed by a16z. Was Head of International Business at Nova Credit. Ex-BCG, Oxford, Yale.