# Pockit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pockit

- Industry: Financial Services
- Headquarters: Cardiff, UK
- Website: www.pockit.com/
- Total disclosed funding: $31M
- Latest round: Series C (Feb 8, 2022)
- Investors on record: 5

## About

Pockit Limited is a financial services company offering prepaid accounts and card solutions. Founded in 2010 in Wales, UK, by CEO Virraj Jatania. In May 2026, Pockit Limited raised GBP 13.4 million in venture funding co-led by Concentric and Puma Investments. 

Pockit offers a suite of financial solutions centered around a prepaid Mastercard and a user-friendly digital account. Users can manage their finances without traditional banking, accessing features like an Income Advance service for cash advances of GBP 50 and a Credit Builder plan to enhance credit scores. Targeting individuals with limited credit histories and newcomers to the UK, Pockit serves a diverse clientele looking for straightforward banking solutions.

The company plans to utilize the May 2026 funding to expand its digital banking services for underserved and financially excluded customers in the UK.

## Funding rounds

- Series C, Feb 8, 2022, $3.3M — Crowdcube, Concentric
- Series B, May 22, 2020, $16M — Concentric, Perscitus LLP, Maven VCT
- Series A, Jan 1, 2018, $5.4M — Concentric, Belcube
- Series A, Sep 14, 2016, $6.6M — Concentric, Belcube

## Investors

- Concentric (https://capitalatlas.ai/funds/concentric) — Series A, Series B, Series C
- Belcube — Series A
- Perscitus LLP — Series B
- Maven VCT — Series B
- Crowdcube (https://capitalatlas.ai/funds/crowdcube) — Series C
