Manchester’s own mobile network and FinTech solution innovator, Boshhh Group, secures £10 Million in funding
Boshhh Group, a Manchester-based leading innovator in credit-building services has secured £10 million in funding to support the company’s mission to develop an ecosystem of fintech products dedicated to financially empowering those who need it most. The companies first launch, Boshhh Mobile, has already helped thousands of customers improve their financial profiles through credit-building sim plans which are available to everyone, no matter your credit history.
Lewis Camilleri, Founder and CEO of Boshhh, said “Over 10 million Brits have poor credit, and many can’t even get approved for a mobile phone contract. There is a lack of financial education and support in the UK, and Boshhh is looking to tackle this with our commitment to creating a positive social impact”.
“This additional funding and our growing team will allow us to accelerate the development of our ecosystem of solutions to help consumers achieve greater financial security and independence”
Boshhh Mobile enhances on-time payments to boost their credit score, we give users access to a simple view of their credit profile, and tailored tips on how to improve it so they can build their credit scores up rapidly. Now Boshhh is working to develop it's product offering further, to take customers through the full financial empowerment journey.
The company’s latest development of advanced technology powered by Artificial Intelligence (AI), Boshhh FinTech, utilises open banking to analyse spending habits for indisputable results on affordability, eliminating irresponsible lending. By partnering with 6 major law firms across the UK, Boshhh FinTech has helped thousands of clients on their journey to seek compensation for financial mis-selling. The company is working on additional partnership opportunities in the lending sectors to revolutionise how affordability is evaluated, and aid businesses in adhering to regulations.
Camilleri commented, “We are excited about the progress we’ve made and the opportunity to transform the financial landscape, by working with lenders and offering consumers the tools and knowledge needed to take control of their credit and build a brighter financial future.”