Loot launches on the App Store!

Loot, the Level39 member that delivers a banking service created especially for students, has recently launched their mobile solution on the App Store.

Loot integrates a prepaid Visa debit card and a purpose built iPhone app, designed to help students get the most out of their money.

Loot’s founder, Ollie Purdue, is a recent university graduate who believed that traditional banks were not offering the student market the tools they needed to get the most out of their money.

Loot offers a Personal Finance Manager/ Budget Manager, giving students an insight into their spending habits, a prepaid via contactless debit card that can be used in any shop which accepts card as a mean of payment, and a deposit account.

Loot has already successfully closed a seed round which has been made up of notable angels in financial services, including executives from JP Morgan, Citi, Coutts bank and more.

Read more about Loot, here.

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