# Unified Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/unified-financial

- Industry: Financial Services
- Headquarters: Glasgow, UK
- Website: www.onebanks.co.uk
- Total disclosed funding: $0.8M
- Latest round: Seed (Mar 31, 2021)
- Investors on record: 1

## About

Unified Financial Limited operates as a fintech company specializing in integrating cash deposit and withdrawal solutions within mobile banking applications, enhancing financial accessibility for users in the UK.Unified Financial Limited, founded in 2019 and headquartered in Glasgow, UK, focuses on integrating cash access into banking applications. The company has engaged in two deals, with the most recent occurring on August 18, 2021, when it raised GBP 0.580 mn during its Seed round led by Advantage Business Angels. Duncan Cockburn serves as both CEO and Founder.Unified Financial Limited, through its OneBanx platform, offers an iOS and Android application that facilitates seamless cash deposit and withdrawal for partner banks, promoting mobile banking adoption. The service caters to various financial institutions including banks and building societies, ensuring secure access to cash transactions for personal and business clients across the UK.The company generates revenue via strategic partnerships with financial institutions and retailers, focusing on transaction fees for cash services and potential subscription models for banks utilizing its platform. Unified Financial Limited's collaborations with institutions like Newcastle Building Society and TSB reflect its efforts to enhance user engagement through improved financial services.Unified Financial Limited plans to leverage the capital raised in its recent Seed round to enhance its offerings by integrating advanced technology and shared services into its product lineup. The company is targeting expansion into new geographic markets, although specific regions have not been disclosed. Recent funding will be directed towards combining existing solutions with innovative offerings aimed at financial institutions.

## Funding rounds

- Seed, Mar 31, 2021, $0.8M — Advantage Business Angels

## Investors

- Advantage Business Angels (https://capitalatlas.ai/funds/advantage-business-angels) — Seed