Nivo Solutions has secured a £1 million investment from Maven Equity Finance, supported by the Northern Powerhouse Investment Fund and Barclays Bank
In brief:
Nivo's technology combines secure instant messaging with digital identification and verification, and is a graduate of Barclays' accelerator programme
The Manchester-based business was founded by former Barclays' executives Michael Common, CEO, and Matthew Elliott, CCO
Nivo has been receiving 1000 new downloads a day and currently counts a number of the UK’s credit union market and many banks, building societies, alternative lenders, and brokers as clients
What does this mean?
Michael Common, CEO, says the investment will help further “build a leading Manchester technology company that continues to eliminate the paper, email and phone-based processes that we’ve all had to endure when dealing with the financial sector and other service industries.”
