London-based fintech credit score solution passes 3m customer milestone

Josh Peachey's picture
by Josh Peachey

TotallyMoney, a fintech company aiming to improve the UK’s credit score, acquired their three millionth customer this week. 

The London-based solution has shaken up the credit industry by providing customers with a range of simple-to-use services, such as its free credit report and analysis, which tells customers what their score is, why it is what it is, and how to improve it.

The company is backed by Elliott Advisors (UK) and Scottish Equity Partners (SEP), following a £29 million investment announced in January 2019.

TotallyMoney recently launched their Energy Profile — a next-generation energy switching service that keeps customers up to date with their best energy deals, so they never pay more than they need to.

The service's innovative features has helped it earn the top spot as the highest-rated free credit report provider on Trustpilot.

Alastair Douglas, CEO of TotallyMoney, said: “Knowing we’ve now equipped over three million people in the UK with the financial know-how to improve their credit score is huge.

Alastair Douglas, CEO of TotallyMoney

“We understand, from a customer point of view, that the credit industry is sometimes complex. It’s why we’ve worked hard — and continually — with lenders and credit bureaus to provide services that can make a real difference to someone’s financial footing.

“At TotallyMoney, we’re on a mission to improve the UK’s credit score and help our customers move on up to a better financial future. Acquiring over three million customers in a short time shows that our service is invaluable to many, and we’re excited to offer and expand it further to help even more UK adults improve.”

TotallyMoney is also a Sunday Times Best Company as well as a UK’s Best Workplace 2019.