Mobile-Only Bank Osper Raises $10 Million to Focus on UK Youth Market

by Staff Report 0

TechCrunch reports that Osper has raised $10 Million in its recent round of funding. The funding round was led by London’s Index Ventures with participation from Horizons Ventures (Li Ka-Shing’s venture capital arm – investor in Spotify, Facebook and Skype), Peter Jackson (CEO of Travelex), and Darren Shapland (ex-Chairman of Sainsbury’s Bank); as well as the entrepreneurs behind businesses including Lastminute.com,

Osper 150 logoTechCrunch reports that Osper has raised $10 Million in its recent round of funding. The funding round was led by London’s Index Ventures with participation from Horizons Ventures (Li Ka-Shing’s venture capital arm – investor in Spotify, Facebook and Skype), Peter Jackson (CEO of Travelex), and Darren Shapland (ex-Chairman of Sainsbury’s Bank); as well as the entrepreneurs behind businesses including Lastminute.com, Streetcar, SoundCloud, Jawbone, Skyscanner and Funding Circle. Osper is a new UK start-up that has come up with an innovative method to make a banking service that can be utilized by kids, combining prepaid debit cards and smartphone applications controlled by both them and their parents. Read More

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