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Fintech has fragmented into increasingly specialized , cucumber - sliced micro - services , cast from engraft buy - now - pay - belated loans to specialized neo banks to yet more payment processing systems . What opportunities continue for innovators in such a fragmented landscape painting ? One U.K. startup , Just Move In , zoomed out and realised that the home had been overlooked by everyone in the manufacture . And it has now raise an $ 8 million Series A funding round led by Eos Ventures ( a spheric insurtech VC ) for its home apparatus service .
The strategic mount of Eos Ventures mean it will lucubrate into plant financial services , simplify processes such as securing credit and insurance products . The company says it ’s now projected to march over 400,000 home move in 2025 .
The ‘ trick ’ — if there is one — is that while comparison internet site bring home the bacon options for hoi polloi shift utilities and insurance provider , they often create a split and time - consuming for users . By contrast , Just Move In creates a single point of entry to managing multiple services .
Also participate in the round were Wayra ( the excogitation arm of Telefónica ) , and Second Century Ventures . It also has continued support from The FSE Group and saint include Simon Rogerson and Chris Hulatt , founding father of Octopus Group . Its last backing circle was in 2022 , when it raised a £ 4 million seed round ( around $ 5 million at current central rate ) .
In turns , Just Move In embeds services from Openrent ( the biggest lease agency in the UK ) and real estate agent Hamptons , as well as Alto ( a residential property software , information , and insight company ) and Anyvan .
“ When you move in , there are dozens of avail that demand to be connected such as council taxation , water , sewage , gas , muscularity , broadband , abode insurance . The list goes on , ” co - beginner Ross Nichols told TechCrunch over a call . “ We have built a political platform that helps to streamline that operation . ”
Just Move In contain the information about the property from the estate agent ’s CRM and break down the services available . “ So you issue forth into our journeying , and rather than have to end up on a dozen plus different websites to discharge all those proceedings and repeat your payment point , you do it once , and it ’s set up for you , ” said Nichols .
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“ The main welfare for the client is they ’re save a Brobdingnagian amount of time and it ’s destitute help . We get pay in the same way that a Leontyne Price compare site work . So we are competing indirectly now with the big price comparison sites , but we ’re embed into the stream of the move , ” he add .
Just move In is now managing over 300,000 moves in the UK , close to 10 % of the UK market .
“ The plan is to take this to Europe , ” Nichols told TehCrunch .
In a affirmation , James Tootell , Partner at Eos Ventures , said : “ Just Move In ’s innovative feeler to combining home service with fiscal merchandise represent the time to come of consumer - focused FinTech . ”
