# Yimba

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

- Industry: Software
- Headquarters: Chester, UK
- Website: www.yimba.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Dec 19, 2019)
- Investors on record: 1

## About

Yimba Ltd. is a company specializing in personalized payment solutions, allowing users to customize payment cards to reflect their individual interests and brand identities, enhancing the digital payment experience.Founded in 2019 by Jonathan Allan, Lee Clarke, and Robert Dowd, Yimba Ltd. is headquartered in Chester, UK. The company focuses on creating unique digital payment solutions and has raised GBP 340,000 in March 2022 from Maven VCT, marking its total funding to GBP 340,000 with a current valuation of GBP 5.099 mn. Yimba has completed three deals since inception.Yimba specializes in personalizing payment cards, allowing users to express their passions through customized designs. The company's core offering includes a digital payment wallet, enabling customers to showcase brand loyalty and personal identity visually. Yimba collaborates with banks, payment processors, digital wallet providers, and content creators to enhance user experiences globally, targeting markets embracing personalization in digital payments.Yimba generates revenue through strategic partnerships with financial institutions and digital service providers, primarily via B2B transactions. The company offers subscription-based services for its payment personalization platform and bespoke integration projects, charging clients licensing fees for the use of Yimba's technology, including services that modify payment card designs. This business model facilitates steady income flow and fosters long-term partnerships with financial institutions and retail partners.Following its recent venture funding of GBP 340,000 raised on March 5, 2022, from Maven VCT, Yimba plans to invest in product development and expand its team to accommodate a growing customer base, aiming to create over ten high-value jobs in the Chester region. Future product launches are underway, focusing on enhancing personalization features, with strategic plans for expansion into new geographic markets.

## Funding rounds

- Seed, Dec 19, 2019, $0.3M — Development Bank of Wales

## Investors

- Development Bank of Wales (https://capitalatlas.ai/funds/development-bank-of-wales) — Seed