SquareOne wants to create financial well-being for the next generation by providing the tools parents need to help their kids to be great with money. The company has secured a 7 year platform agreement with Mastercard (no equity exchanged) which will allow then to integrate across the Mastercard platform in 200+ countries. Mastercard has also provided non-dilutive funding.

The SquareOne team is led by two experienced founders, Jamie Jermain (20 years payments experience, internationally at Visa, Mastercard, LloydsTSB, RBS, Paymark and The Warehouse Group) and Jovan Pavlicevic (successfully founded, built and sold Forest in 5 years. Forest had a team of 25 and was a FCA regulated financial advice firm and chartered accounting practice with recurring revenue and a white label growth model).

Enterprise Angels first invested in SquareOne in October 2021. The initial capital raise was achieved in six weeks from initial contact through to settlement of funds. Read more here.

In late 2023 Enterprise Angels made its third major investment in to SquareOne including an investment parcel from EA Fund 4. Read investor notes here.

Now in 2024, Jamie and Jorvan have now released the next stage of their fintech journey – Emerge -a new way of managing money for business owners and operators.  It will enable them to go faster, be more cost effective and save time:

+ Entirely mobile – no bank branches or paperwork
+ Open an account in minutes, on your phone
+ Zero fees or account costs
+ Unlimited virtual cards you create for you (and your team) to use instantly
+ Xero integrations for receipt capture, batch payments, and more
+ (Really cool) physical cards
+ Google & Apple pay
+ Multi-director access
+ Access levels for Admin & Team roles
+ Security features that are best-in-class
+ Spend controls per card for peace of mind

You can find out more about Emerge here.