Zumo

Edinburgh
Seeking investment

Zumo believes everyone should have access to sustainable finance, and that blockchain has the power to deliver this globally. Its mission is to provide a better planet for digital assets, delivering sustainable, accessible and secure ways to unlock the benefits of web3.

As an enterprise-focused digital-asset-as-a-service platform, Zumo’s turnkey, API-based infrastructure offers a fast, flexible and compliance-sensitive route to market, empowering fintechs, banks, asset managers and brands to offer their clients the tools of the future simply, securely and sustainably while also opening up new revenue streams, attracting new customers and supporting customer retention.

A values-driven business, Zumo has underlined its commitment to a fairer society and a sustainable planet with an ambitious 2030 net zero strategy encompassing its own business; the blockchains it works with; and the wider digital asset ecosystem. Carbon-neutral since inception, the business is committed to ongoing collaboration in the decarbonisation of the digital assets industry. Zumo was an early signatory of the Crypto Climate Accord, the first digital asset business to receive UK government funding from the UK’s national innovation agency, Innovate UK, to further its applied work on the decarbonisation of digital assets, and is now a key contributor to industry guidance on the energy consumption of blockchain, working in tandem with  the World Economic Forum and the OECD.

Zumo’s infrastructure also powers the direct-to-consumer Zumo App, launched in the UK and registered with the Financial Conduct Authority (FCA).

Nick Jones – Co-founder and Chief Executive Officer

Nick is a veteran of the tech start-up scene, having teamed up with fellow entrepreneur Paul Roach in 2018 to found Zumo, where he is currently CEO. Beginning his career at the height of the Dot Com boom in 2000 with the launch team of Goto.com (latterly Overture Service), Nick went to hold senior positions at Yahoo! following Overture’s acquisition in 2004.

In 2006 Nick co-founded digital agency I Spy Marketing and led the business through to sale to Aegis Media in 2012. Nick also co-founded spin-out business Upcast Social, a leading Facebook Ad management platform. Between 2012 and 2018 Nick was a full time angel investor and held multiple chairman, non-executive and advisory roles in the tech space.

 

Paul Roach – Co-founder and Chief Product Officer

Dagmara Aldridge – Chief Operating Officer

 

Tim Sabanov – Chief Technology Officer

 

Devine Paul – Chief Financial Officer

Amélie Arras – Marketing Director

 

Eddie Robb – Business Development Director


Kirsteen Harrisson – Environmental Advisor

Overview

  • Funding Stage Post-seed
  • Trading for 1-5 years
  • Employees 11-50
  • Sector Payments
  • Valuation £5m - £10m

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