RiseUp Company Market Research Report
Company Overview
Name
RiseUp Moments UK Ltd.
Mission of the Company
To make it easy for anyone to enjoy financial wellbeing by providing tools and insights to manage finances, reduce stress, and achieve financial goals.
Founding Information
No information is available.
Key People
No information is available.
Headquarters
85 New Cavendish Street, Ch. Hausmann & Co., Suite 5, De Walden Court, London, United Kingdom, W1W 6XD.
Number of Employees
No information is available.
Revenue
No information is available.
What is the Company Known For
RiseUp is known for providing a financial wellbeing app that integrates open banking to help users manage their finances, feel good about their spending, and save for future goals.
Products
Product: RiseUp App
High-Level Description
The RiseUp app is a financial wellbeing application designed to help users take control of their finances. Through open banking integrations, the app provides tools for budgeting, tracking spending, and financial planning.
Key Features
- Financial Control: Track spending, manage expenses, and make informed decisions with personalized recommendations.
- Emergency Fund Building: Personalized tips and insights to build and maintain savings for financial resilience.
- Financial Security: Tools and personalized information to understand financial products and achieve financial goals.
- Stress Reduction: Reduce financial stress with budgeting tools, and insights to manage money efficiently.
- Goal Achievement: Guidance and support to set and pursue financial goals like paying debt, buying a home, saving for retirement, etc.
- Financial Peace of Mind: Stability, reduced money-related stress, and support for personal financial goals.
Recent Developments
Recent Developments in the Company
No information is available.
New Products Launched
No information is available.
New Features Added to Existing Products
No information is available.
New Partnerships
No information is available.
Summary Metrics
Customer Impact
- Complient: RiseUp acts as an agent of TrueLayer, providing regulated Account Information Service, and is authorized and regulated by the Financial Conduct Authority (FCA) under the Payment Services Regulations 2017 and the Electronic Money Regulations 2011 (Firm Reference Number: 901096).
- Customer Financial Impact: Customers reported a £392 cashflow improvement within 6 months and 27% saved money for the first time within 6 months.
- User Feedback Features: Intercom is used for user feedback and support.
Contact Information
- Email: contact@letsriseup.com
Regulatory and Compliance
- Registered with ICO (Information Commissioner’s Office) in the UK under the registration number: ZB497625.
- Authorized and Regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 and the Electronic Money Regulations 2011 (Firm Reference Number: 901096).
Security
- Data Protection and Privacy: Compliant with UK GDPR and Data Protection Act 2018.
- International Data Transfers: Appropriate steps are taken to ensure that personal data processed outside the UK and EU/EEA have an adequate level of protection.
Additional Information
- The RiseUp platform also emphasizes social responsibility and prevents discrimination in its services, especially regarding financial vulnerability and personal security.
End of Report.