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algbra
Digital ethical finance platform
- 21-100 employees
- Fintech
- Banking
- Personal finance
- Mayfair, London, UK
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Company mission
Algbra is a movement dedicated to amplifying the voices, financial literacy and wellbeing of our communities, connecting people's values with their finances.
329% employee growth in 12 months
Our take
Algbra’s mission is simple - to build and continue to build the most ethical financial institution in the world, from the environment and social impact through to sustainable wealth creation. They’re passionate about representing overlooked communities in the heart of financial services, enabling seamless, more informed decisions on how to spend and save ethically.
Founded by Zeiad Idris, who grew his asset management business to £2.5bn AUM in under 4 years, and Fizel Nejabat, a Clifford Chance lawyer, they combine grassroots community empathy with global expertise. In doing so, they provide products, services and initiatives to enhance financial wellness, support overlooked UK communities and facilitate global social mobility.
Algbra will be investing their recent funding into launching a core set of financial products, including current accounts, foreign exchange, remittances and rewards, with lending products to follow shortly thereafter.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Casual Dress Code
- Free Health Tracker
- Pro Bono Work
- Team Events
- Pension & Retirement Contributions
- Private Health Insurance
Company values
- Balance
- Clarity
- Excellence
- Growth
- Community
Funding (last 2 of 3 rounds)
Jan 2023
$6.4m
EARLY VC
Aug 2022
$6.4m
SEED
Total funding: $17.5m
This company has top investors
Leadership
Zeiad Idris
(CEO)Co-Founder & Managing Partner at New World Capital Advisors, with a background in Private Equity and Commodities Trading.
Fizel Nejabat
(COO)Background in law, former solicitor at Clifford Chance specialising in Corporate/M&A.