borofree

Zero interest, zero fees, zero worries.

General Information
Company Name
borofree
Founded Year
2019
Location (Offices)
London, United Kingdom +1
Founders / Decision Makers
Number of Employees
4
Industries
Financial Services, Mobile, Payments
Funding Stage
Series Unknown
Social Media

borofree - Company Profile

borofree is a distinguished financial tech startup that operates with a customer-centric approach. Their slogan, "Zero interest, zero fees, zero worries," reflects their commitment to providing hassle-free financial services. Established in 2019, the United Kingdom-based company has positioned itself as a reliable solution in the Financial Services and Payments sectors. Notably, borofree's recent milestone was the Venture Round investment on 08 February 2021, which was secured from Fortunis Capital. This investment signifies the industry's recognition of the startup's potential and the quality of their services. The company's business model revolves around transparency and accountability. They pride themselves on maintaining 0% interest, £0 fee, and £0 cost to both employees and employers, fostering trust within their customer base. Additionally, borofree has set a cap on salary advances, ensuring a maximum of £300 per employee to bridge the gap before payday, without incurring penalties. In essence, borofree's innovative and ethical approach to financial services, coupled with the backing of Fortunis Capital, positions them as a promising player in the financial technology landscape. Their emphasis on customer welfare and financial integrity sets them apart in an industry often plagued by opaque practices and hidden fees.

Taxonomy: salary advance, financial wellness, employee benefits, zero interest loans, employer benefits, payroll management, short-term loans, financial transparency, employee financial assistance

Funding Rounds & Investors of borofree (1)

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Funding Stage Amount No. Investors Investors Date
Venture Round Unknown 1 08 Feb 2021

Latest News of borofree

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No recent news or press coverage available for borofree.

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