MyPocketSkill, a UK-based financial platform for Gen Z, has raised a funding from investors including The Lightbulb Trust. The amount was undisclosed, which brings the company’s aggregate investment to over £1.25m (including dilutive and non-dilutive funding).
The investment will be used to continue the growth of the company’s Earn.Save.Learn platform, which recently reached 100,000 users.
Founded in 2020, MyPocketSkill supports young people (13-24 y.o.) to earn money, establish savings goals and become more employable and financially capable.
Ben Holden of The Lightbulb Trust said: “By leveraging innovative behavioural science principles, MyPocketSkill is helping to create a more equitable future for young people, regardless of their background. We are thrilled to support MyPocketSkill in its mission to improve the financial lives of 1 million young people in the UK.”
Matthew Harker, co-founder of MyPocketSkill said: “We are delighted that The Lightbulb Trust and others have joined our impressive list of investors aiming to impact young lives for the better. At the same time we are celebrating 100k users on our platform, so this is a great time to capitalise on our success so far and bring an even better user experience to the platform.”