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Folk2Folk
company
About
Folk2Folk offers simple, straightforward, local lending and borrowing.
- Launceston,Cornwall,United Kingdom
- 11 - 50
- https://folk2folk.com
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- €7M
- Industries
- Banking,Bitcoin,Finance,Financial Services,Lending
- Founded date
- Jan 1, 2013
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Folk2Folk offers simple, straightforward, local lending and borrowing. They are not a Bank, Brokerage, seller of financial products, Deposit Taker, Fund Manager, or Adviser to any party. They don’t manage or arrange funds or offer banking or brokering services; neither do they sell or give advice on financial products. They organise the secured lending of money between local folk without the involvement of City institutions
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
€7M £7.50M
Folk2Folk has raised a total of
€7M £7.50M
in funding over 2 rounds. Their latest funding was raised on
Nov 29, 2021 from a Debt Financing round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 29, 2021 | Debt Financing | €7M | 1 |
British Business Bank
|
— | Detail |
| Oct 29, 2020 | Debt Financing | £7.50M | — | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
1
Folk2Folk is funded by 1 investors.
British Business Bank
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
British Business Bank
|
Yes | Debt Financing |
Employee Profiles
Number of Employee Profiles
8
Folk2Folk has 8 current employee profiles, including
Executive Gary Leitch
Executive
Executive
Board member
Executive
Executive
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