Osper is a prepaid debit card and mobile banking service empowering young people to manage their money responsibly by instilling good financial habits from an early age. It offers a safe MasterCard prepaid debit card and a simple mobile banking app with separate logins for young people and parents. Parents get their own app that lets them set an allowance, oversee their children’s spending, load money for emergencies (or if they’ve earned it), and lock the card if it’s been lost or stolen. All money on Osper is safely managed by a European regulated bank.

Type
Private
HQ
London, GB
Founded
2013
Size (employees)
29 (est)-6%
Website
osper.com
Osper was founded in 2013 and is headquartered in London, GB
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Key People/Management at Osper

Alick Varma

Alick Varma

CEO and Founder

Osper Office Locations

Osper has offices in Greater London and London
London, GB (HQ)
215 - 216 Camden Lock Market Chalk Farm Rd
Greater London, GB
Chalk Farm Rd
Greater London, GB
215 - 216 Camden Lock Market Chalk Farm Rd
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Osper Financials and Metrics

Summary Metrics

Founding Date

2013

Total Funding

$11.2 m

Latest funding size

$10 m

Time since last funding

4 years ago

Investors

Osper's latest funding round in June 2014 was reported to be $10 m. In total, Osper has raised $11.2 m
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Osper Financials

Cash (31-Mar-2016)

283.9 k
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

116 k362.9 k3.3 m283.9 k

Accounts Receivable

45.5 k1.5 k606.1 k1.2 m

Inventories

17.1 k42.9 k

Current Assets

161.5 k364.5 k3.9 m1.6 m
Y, 2016

Financial Leverage

1.9 x
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