Latest round

Seed

Last raised

Mar 2023

Total raised

$10M

Investors

5

About SteadyPay

Founded in 2017 by Ivan Istomin, John Downie, and Victor Pawley, SteadyPay Limited is headquartered in London, UK. The company specializes in financial products aimed at individuals with fluctuating incomes.SteadyPay offers innovative financial products designed to assist consumers in managing their short-term financial needs while simultaneously enhancing their credit ratings. Their core offerings include CashWave, a subscription-based service that provides users with immediate access to instant loans of up to GBP 300, repayable in three equal monthly installments without any interest.SteadyPay generates revenue through its subscription model, charging users a monthly fee for access to its financial services. The CashWave service incurs a monthly subscription cost of GBP 30, enabling users to access short-term loans of GBP 300. The revenue structure is primarily composed of direct-to-consumer transactions, with customers subscribing to the services and paying for their usage over a specified period. The company aims to enhance its product offerings and is designing new financial services aimed at further supporting consumers with short-term financial needs. Plans for market expansion are underway, focusing on reaching new geographical regions within the UK by the end of 2024.

Who invested in SteadyPay

5 investors across 3 rounds

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Funding rounds

  1. Seed

    Mar 2, 2023

    Amount

    $3M

    Investors

    Locked

  2. Series A

    Feb 27, 2022

    Amount

    $5.4M

    Investors

    Locked

  3. Seed

    Dec 11, 2019

    Amount

    $2M

    Investors

    Locked

Questions about SteadyPay

Who invested in SteadyPay?

SteadyPay has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has SteadyPay raised?

SteadyPay has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did SteadyPay last raise money?

SteadyPay's most recent round on record is a Seed, in Mar 2023.

What does SteadyPay do?

Founded in 2017 by Ivan Istomin, John Downie, and Victor Pawley, SteadyPay Limited is headquartered in London, UK.

Where is SteadyPay headquartered?

SteadyPay is headquartered in London, UK.

Which VCs invest in companies like SteadyPay?

Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at SteadyPay's stage. Their profiles are linked below.

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