A new FinTech, Wollit, which focuses on financial health has been backed by Anthemis and BBVA.
In Brief:
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BBVA and Anthemis’ Venture Creation Partnership is helping Wollit get off the ground through an integrated investment programme.
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Wollit aims to bring financial wellbeing to people in the UK.
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It sais 43% of people in the UK have an unstable income, such as temporary and contract workers.
What does this mean?
BBVA and Anthemis’ investment will support the Wollit Income Promise product which is an income stability tool. It is personalised to each customer’s exact financial circumstances and needs.
