Pariti Technologies

Pariti Technologies

Pariti: Pay Off Debt and Start Saving. Learn more

Launch date
Market cap
-
Enterprise valuation
€3—4m (Dealroom.co estimates Sep 2015.)
Company register number 09186391
London England (HQ)
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DateInvestorsAmountRound

$710k

Seed

N/A

Acquisition
N/A

N/A

-
Total Funding€645k

Recent News about Pariti Technologies

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More about Pariti Technologiesinfo icon
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Pariti, now part of Tandem Bank, was a financial technology startup focused on helping individuals take control of their financial lives. The company offered a free mobile application designed to assist users in managing debt, saving money, and improving overall financial health. Pariti's app provided users with tools to track their spending, set savings goals, and consolidate loans through trusted lending partners like Lendable. The app operated in the personal finance market, primarily targeting individuals seeking to improve their financial stability and reduce debt.

Pariti's business model was based on offering a free service to users while partnering with third-party financial service providers to offer additional products, such as consolidation loans. The company generated revenue through these partnerships and by facilitating financial transactions within the app. Pariti emphasized user privacy and data security, employing advanced SSL encryption and industry-standard security practices to ensure the highest levels of confidentiality and protection for its users.

Although Pariti is no longer available, its mission and purpose continue under Tandem Bank, which aims to help people take control of their money, save more, and smooth out cash flow when needed.

Keywords: financial technology, debt management, savings, personal finance, mobile app, loan consolidation, data security, SSL encryption, Tandem Bank, financial health.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.