Senda

Back us for FREE transactions for life!


With Advanced Assurance from HMRC for EIS Investors

Senda

Executive Brief

Our journey so far...

The payments space continues to grow with no signs of slowing down. While there are many competitors in the market, the number one complaint from customers using their sites is the 'lack of service'. This is our value proposition. We intend to invest heavily to make sure our chatbots are world beating. Also, the option to speak to a human is up front and centre. Just select a callback time and we will return your call.

The platform and apps are done. We're now ready to submit our application to the FCA, but need to meet their capital requirements.

THE ROADMAP
We apply for our PI (Payments Institutional) license which allows us to launch money transfers from UK to EU.

Year 2 We will apply to upgrade to an API (Authorised Payments Institutional) license. This allows us to accept POS payments.

Year 3 We will obtain our EMI (Electronic Money Institutional) license. This will allow money transfers to and from UK and EU. We will also be able to expand our banking network and open new countries without any restrictions, which makes us global.

We have 2 funding programs at the moment:

Crowdfunding

Back us and get FEE FREE transactions forever. There are a very limited number of personal and business packages available.
See below for funding options.

Equity funding

With Advance Assurance from HMRC, we can offer qualifying UK investors tax and capital gains benfits under the EIS scheme.
See below for contact options.

EIS Investors

HMRC have granted us Advanced Assurance. Now you can qualify for EIS tax and capital gains benefits.

Download Whitepaper
Download Pitch Deck

Funding options

You can back us via any of the following platforms, or directly by selecting one of the options below.
Feel free to contact us directly at helpdesk@senda.ventures for any questions

Indiegogo Crowdcube


Personal Backer

Fee FREE transactions for life

£99

Strictly limited

Back us now

Business Backer

Pay suppliers in the EU fee FREE

£299

Strictly limited

Back us now

EIS Investor

£10,000

per tranche

Only 40 tranches available

Book a call

Institutional

CALL

to discuss

Angel groups and sophisticated investors

Book a call

Contact Us

Feel free to reach out to us

Fill out the form

Simply complete the form and we will be in touch shortly. You can also email us directly at helpdesk@senda.ventures

Thanks for your interest.

Registering my interest does not guarantee acceptance of any offer. I agree to be contacted by Senda via the email provided regarding this matter. I understand that my information will NEVER be sold, rented or otherwise distributed, used or shared with anyone under any circumstance - unless compelled by UK law.

Leadership

We're ready to redefine the payments space in the UK, and beyond

Les Toft

CEO & Founder

Les has a background in banking and IT. His expertise is in growing businesses by focusing on customer service and word of mouth.

Lewis Marks

CFO

Lewis is an ACCA qualified accountant with years of experience as a Financial Controller and CFO. He holds an MSc in Professional Accountancy from University of London.

Naheed Akram

Compliance Officer

Naheed has worked for many major banks including RBS, USB, HSBC and Deutsche Bank in Risk Managementand Reporting and Financial Crime.

Asim Sheikh

Senior Development Officer

Asim holds an MSc in Computer Science. He has worked with Motul.com and UAE's Dnata.com and provided technical infrastructure solutions to the British Council.

Screenshots

Easy to follow. Send money anytime, anywhere.

Image 1
Image 2
Image 3
Image 4
Image 5
Image 5

FAQ

Here are some answers to popular questions. For more information, email us at
helpdesk.senda.ventures

Once we meet the capital requirements, we will submit our application to the FCA. That will take 3-5 months. In that time we will be coding the app to the banking backbone. You will receive regular updates via email or via this.

Once the round is closed, we will register your interest in Senda. This costs £200 per person. You will receive a Certificate from us which you will present to your accountant. They will handle the rest. We can't guarantee you will receive EIS benefits as we don't know your financial situation. All we verify is that Senda qualifies for EIS benefits to qualifying investors.

We begin with a PI (Payments Institution) license. This allows us to do money transfers to the EU. By year 2, we will apply to upgrade our license to API (Authorised Payment Institution) license. This allows us to introduce POS payments in the UK. By Year 3, we will be ready to apply for our EMI (Electronic Money Institution) license. This will allow us to onboard more banking partners, open more countries and expand globally.

Absolutely! We encourage you to work within your risk profile. We anticipate this round to close with one Institutional investor for half, and up to a dozen individual investors.

Absolutely! It's the least we can do for the help your bringing us.

You will not be charged any fees for money transfers.

The EIS scheme provides amazing tax and capital gains benefits for qualifying investors. We suggest you speak to your financial advisor about this as we don't know your particular circumstances.

Yes! For businesses who have to pay EU suppliers, saving on fees will add up to substantial savings over time.

If we've sold out of memberships for backers, or if the funding round is closed, we will return all funds.