Startup of the Week - Squirrel
by Startacus Admin
Squirrel - The lowdown on the FinTech app that will manage your money for you, helping you save and budget...
Whilst for some people, handling and budgeting money is a doddle, for others it is anything but - as soon as money goes into their bank account, it seems to go straight back out!If this sounds familiar and if your finances are less than healthy, then we reckon our latest startup of the week will be right up your street.
Squirrel is an innovative FinTech startup which is on a mission to help people save, budget and manage their money.
Here’s how it works:
Simply set up a Squirrel account and get your salary paid into it. Your money is then effectively split into three - money for bills, money for saving and of course money for spending.
- Money for those all-important bills is kept aside and paid into your regular current account the day before the bills are due.
- Money for savings is set aside and you can create personalised savings pots and watch as they grow and your reach your savings goals or targets.
- Money for spending is also paid into your current account although you can choose when you want this paid in. So, if you’d prefer your spending money to be allocated weekly, you can do just that!
With Squirrel, you’ll never need to worry about whether you have enough money in the bank to cover that direct debit or if you’ll be able to stretch your funds that last week before payday. Instead you’ll find that you’ll finally be getting on top of your finances!
The Squirrel app is available for both iOS and Android and costs just £9.99 per month.
Since managing money effectively can be a challenge for many of us, any tool or resource which can help us improve and do a better job of it, ought to be welcomed with open arms.
And for under £10 a month, we reckon that paying for Squirrel could be money well spent!
If you are interested in other fintech focused articles, you might also want to read up about:
iLabX by Volvo Financial Services hunts tech startups to drive new thinking...
GoHenry - the pocket money card for kids
Wagestream offers employee financial wellness at a click
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Bring! is a digital grocery tool that simplifies grocery shopping for you and anyone you are shopping for.
In a bid to help brands during the current pandemic, the GreenJinn grocery app makes some rapid changes to its service
Coronavirus & furloughing employees. Nichola Hailes of Payfit looks to answer some of the most frequently asked questions about the job retention scheme.
For startups entering the food industry, here's why accurate labelling on ready-to-eat food products is important.
Whether you’re looking to create a frugal startup, or it’s already up and running, here are 4 tips to reduce costs while keeping the work environment pleasant.
The Belfast-based startup that provides a fully managed 24/7 Software-as-a-Service (SaaS) for securely storing and sharing assets, packages and containers.
The insolvency technology startup secures funding to help support the UK's most vulnerable consumers to avoid bankruptcy
Darren Hockley, MD of Delta International on how millennials may be helping businesses face the current COVID-19 pandemic
The innovative startup that's enabling businesses to connect with their customers via personalised handwritten communication
The lowdown on the Estonian startup that has created a multiplayer game to help kids practice math facts in a fun way...
Published on: 25th October 2018
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Cerebreon the Irish deep learning startup raises £1.5m in seed funding 31st Mar 2020 The insolvency technology startup secures funding to help support the UK's most vulnerable consumers to avoid bankruptcy
- Chivas Venture divides this year's $1m Venture Fund between 26 global Startups 23rd Mar 2020 In response to the COVID-19 pandemic, Chivas Divides its $1m No-Strings Venture Fund Between 26 Startups
- The open-source design of emergency ventilators for COVID-19 patients 20th Mar 2020 World Wide Community of over 500 designers engineers & medics finalising prototypes for safe scalable manufacture & rapid field deployment..
- Positive-ish reaction from small business and startup community to UK Chancellor’s Corona budget 11th Mar 2020 New UK Chancellor Rishi Sunak just delivered his first UK Budget. We took a look at first reactions from small business and startup leaders.
