Manchester-based secure instant messaging startup Nivo lands £2 million

Nivo, an instant messaging and identity verification platform founded in Manchester, has raised a funding round of £2 million from GP Bullhound, the Angel CoFund, and a syndicate of angel investors.

Launched in 2018 as a spin-out of Barclays Bank, the company positions itself as “the fastest, safest way for financial services companies to sign up and service their customers.” Simply speaking, Nivo is a secure messenger with extra features where bank clients can send copies of sensitive documents, sign papers, and verify their identity with an Onfido integration.

Our mission is to make it easier for consumers to connect with service providers in regulated industries like financial services,” said Nivo CEO Mike Common. “Our clients are using Nivo to deliver simpler mobile experiences, which reduce effort and empower customers. This means everyone saves time, costs go down and satisfaction goes up.”