Pockit

pockit.com

@PockitUK

CEO / Founder:  Virraj Jatania    

Founded: 2013

Sectors:  Banking

HQ: London

Pockit provides underserved and unbanked consumers in the UK an account into which they can get salary/benefits paid or fund with cash at 28,000 locations in the UK. A card allows them to transact online and on the high street, pay bills and share money with friends/family. The London-based business now has 60,000 customers and processed £30m in 2015 – a year which saw it grow 500% on almost every metric: customers, money in, money out, balances held on account and revenue. Pockit also signed distribution partnerships with two housing associations in the UK and one of the largest recruitment companies to allow its temporary contractors (200,000) to get paid into Pockit accounts.