Company Research Report: TotallyMoney
Company Overview
- Name: TotallyMoney Limited
- Mission: TotallyMoney is on a mission to improve the UK's credit score and help individuals move towards a better financial future.
- Foundation and Founders: No information is available.
- Key People: No information is available regarding specific key people.
- Headquarters: 5th Floor, Halo, Counterslip, Bristol, BS1 6AJ, United Kingdom.
- Number of Employees: Approximately 60+
- Revenue: No information is available regarding the revenue of the company.
- Recognition: Known as an independent credit broker and FinTech company helping people understand and improve their credit scores, TotallyMoney partners with leading lenders to offer a diverse range of financial products.
Products
- Credit Report: Provides customers with a free credit score and report without harming their credit rating, helping users understand factors affecting their credit, spot trends, and track their financial advancement.
- Key Features:
- Free forever with no harm to credit rating.
- Notifications about changes impacting credit score.
- App-exclusive insights and personalized improvement strategies.
- Borrowing Power Tool: Helps users understand their likelihood of approval for various credit products.
- Key Features:
- Personalized borrowing power insight based on user financial data.
- Evaluation of acceptance probability for credit with TotallySure offers seeking pre-approval guarantees.
- Financial Products Platform: Offers credit cards, loans, car finance, and mortgages designed to improve financial outcomes.
- Key Features:
- Products sourced from leading lenders.
- Independent rankings that aren't affected by commissions.
Recent Developments
- New Features and Services:
- Introduction of a platform that analyzes up to six years of customer credit data and 12 months of open banking data to suggest next steps in improving credit scores.
- Transition to a hybrid work model allowing employees to work remotely three days a week and from abroad up to 8 weeks annually.
- Partnerships:
- Collaborates with credit bureaus, market-leading lenders, and a wide range of organizations to help fulfill their mission to elevate credit scores across the UK.
- Diversity and Inclusion Initiatives:
- Commitment to enhancing company diversity and inclusion, with a senior management team that is 40% female and a commitment to further improvements.
No further information on new product launches or additional partnerships is available.
The report gathers essential insights into TotallyMoney’s mission, services, and operational ethos to provide a comprehensive overview for stakeholders interested in the company's market positioning and offerings. For fields where data was unavailable, it is noted appropriately.