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Youtility
Embedded subscription management for banks
- 21-100 employees
- Fintech
- B2B
- Marketplace
- Sustainability
- Personal finance
- SaaS
- City of London, London, UK
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Company mission
To help people control their household subscriptions & reduce their Carbon footprint.
Our take
Youtility is tapping into open banking to help people track their household expenses and switch utility suppliers. The company addresses the problem of utility companies taking advantage of their customers and charging for their loyalty.
Youtility's app securely connects together the users' bank accounts and identifies home finance providers and how much they are costing the user. This platform is helping people to stay on top of their finances by flagging high bills, future payments, contract end dates and offers in-app provider switching services. Although there are other separate platforms for personal finance management and utility comparisons, Youtility seamlessly blends the two services helping consumers take control of their finances.
The company's future plans include development into its app, as well as facilitating expansion through strategic partnerships, including those with Wagestream, a financial wellbeing solutions provider, and Tink, an open banking platform.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- We believe in the people we hire. That’s one of the reasons we want to give you equity in us as a business when you join – we're in this journey together and want to make sure the whole team are aligned with the company vision and success
- We don’t sign up to the 9 – 5 workday. If you want to come in early and leave early, start later or even work from home or remotely, we give you that freedom, as long as you find yourself collaborating with the rest of the team. We’re here to support you
Company values
- Honest & impartial - Unbiased and aligned with partners
- Technology first - Innovative and scalable, our platform is built for enterprise clients
- Sustainability focused - Working with the best suppliers to help reduce household Carbon footprint
Funding (1 round)
Feb 2020
$5.6m
EARLY VC
Total funding: $5.6m
This company has top investors
Leadership
Will Kostoris
(Co-Founder)Previously worked in business development of Värde Partners and Renshaw Bay.
Charlie Quigley
(Co-Founder)Worked with Sustainable Venture Development Partners and at E-Car Club.