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Tymit
Innovative credit card
- 101-200 employees
- Fintech
- B2C
- Personal finance
- Payments
- Lending
- Credit cards
- London (HQ), United Kingdom, 2 Eastbourne Terrace, Paddington
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Company mission
To give people the self-confidence to live life to the fullest by offering them credit that’s smart, flexible and honest.
9% employee growth in 12 months
Otta's take
Theo Margolius
COO of Otta
The Tymit app gives customers complete control and transparency over their repayments, so they can plan purchases around their monthly budget. Tymit allows customers to plan their spending, see the true total cost of any transaction, and avoid unnecessary interest by spreading the cost of purchases over 3, 6, 12 or 24 months.
As soon as a transaction is made, an interest-bearing repayment schedule can be selected and easily adjusted. Using a built-in calculator function, customers can also simulate future purchases, gaining a clear understanding of the total interest they'll pay. The app also provides a wealth of data and features to help customers manage their finances, such as real-time spending notifications, automatic purchase categorisation and reporting, and transaction location maps.
The idea of Tymit's app is to help its users build reliable a credit history, which remains a critical function for a large number of consumers. The company has received significant investment that is cited to accelerate product development and support the launch of its market disrupting B2B2C instalment programme proposition for merchants.
Benefits
- 25 days of paid holiday plus bank holidays
- Your birthday off
- Vitality Health Insurance
- Remote & in-office options
- Additional days to attend conferences and workshops when related to technology and/or events related to Tymit’s industry and sector
- £150 towards your home office furniture
- Learning & Development yearly budget
- Budget for remote home expenses and home office set up
Company values
- Affinity - We look to broaden the link between users and retailers to unlock value to both.
- Flexibility - Our products need to be easily adaptable to the dynamic world we live in.
- Simplicity - Our products and technology must be easy to use, intuitive, and require minimum interaction to save you time and enrich your life.
- Transparency - We believe in using absolutely no tricks like hidden fees or sneaky terms that expiry without notice.
Funding (last 2 of 3 rounds)
Oct 2022
$28.8m
SERIES A
Nov 2019
$5.1m
EARLY VC
$39m
Total funding
Founders
Juan Montalvo Bressi
(Senior Advisor - Risk Technology)Worked as Engagement Manager at McKinsey & Company, and as Senior Risk Officer for Ardian .
Martin Magnone
(CEO)Started career in consulting, working as as Consultant, Manager and Principal at Bain & Co.
Articles
Endorsements
All
Opportunities to learn (1)
Tech & tools (1)
Nice people (1)
Tymit has given me the tools and environment to grow and become a better Software Engineer, every day talented and kind people surround me. Leadership has always let my team make our own technical desicions which has us now using the latest tech available in our fields, something not many companies can say.
Software Engineering
Opportunities to learn
Jun 2022
Tymit has given me the tools and environment to grow and become a better Software Engineer, every day talented and kind people surround me. Leadership has always let my team make our own technical decisions which has us now using the latest tech available in our fields, something not many companies can say.
Software Engineering
Tech & tools
Jun 2022
At Tymit, the team will always help out each other and sort out differences with a debate usually filled with humor and lightheartedness. I have made great friends which I meet and really enjoy my time at and outside of work.
Software Engineering
Nice people
Jun 2022