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Oxford Capital Invests in Noggin HQ to Revolutionise Credit Access for Young People 

Press Release 

Oxford Capital Invests in Noggin HQ to Revolutionise Credit Access for Young People 

London, UK – Oxford Capital is excited to announce its recent investment in Noggin HQ, the pioneering fintech startup dedicated to transforming the credit system.  

Founded by Eva Atkinson and Laura Mills, Newcastle-based Noggin HQ seeks to democratise the credit system by utilising alternative data sources to enhance credit assessments for those individuals who may lack extensive borrowing histories. This initiative is particularly resonant today, as traditional credit scoring mechanisms often fail to reflect the true creditworthiness of younger generations. 

Oxford Capital led Noggin HQ’s pre-seed investment round, joined by other notable investors, including Bethnal Green Ventures, Syndicate Room, and Ada Ventures. 

“Our investment in Noggin HQ aligns perfectly with our strategy of empowering companies that are not only forward-thinking but also socially impactful,” said Richard Oakley, Senior Investment Manager for Oxford Capital. “Noggin’s unique approach promises to offer more equitable access to financial products for a demographic that is crucial for our future economy but is often overlooked by existing credit systems.” 

To provide deeper insight into Noggin HQ’s mission and its founders’ visions, Oxford Capital is pleased to share a recent video interview with Eva Atkinson. In this discussion, Atkinson explains how Noggin is not just a business, but a movement to overhaul how financial trust is built and assessed. 

Click here to watch the full interview 

“We believe in Noggin’s potential to change lives and reshape financial systems to be more inclusive,” continued Richard Oakley. “We invite everyone to learn more about this exciting venture and how it aligns with our broader commitment to fostering innovative financial solutions.” 

For more information about Oxford Capital’s investment strategies and their support for transformative fintech solutions like Noggin HQ, please visit Oxford Capital’s website. 

About Oxford Capital: Oxford Capital aims to drive innovation and value creation in the fields of technology and healthcare, investing in the next generation of entrepreneurs who are committed to making a difference in their industries and communities. 

For Media Inquiries:  

James Stothard 
[email protected] 
+44 1865 860781 

Estimated reading time: 2 min

 

Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.

What are the key risks?

  1. You could lose all the money you invest
    1. If the business you invest in fails, you are likely to lose 100% of the money you invested. Most start-up businesses fail.
  2. You are unlikely to be protected if something goes wrong
    1. Protection from the Financial Services Compensation Scheme (FSCS), in relation to claims against failed regulated firms, does not cover poor investment performance. Try the FSCS investment protection checker here.
    2. Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA-regulated firm, FOS may be able to consider it. Learn more about FOS protection here.
  3. You won’t get your money back quickly
    1. Even if the business you invest in is successful, it may take several years to get your money back. You are unlikely to be able to sell your investment early.
    2. The most likely way to get your money back is if the business is bought by another business or lists its shares on an exchange such as the London Stock Exchange. These events are not common.
    3. If you are investing in a start-up business, you should not expect to get your money back through dividends. Start-up businesses rarely pay these.
  4. Don’t put all your eggs in one basket
    1. Putting all your money into a single business or type of investment for example, is risky. Spreading your money across different investments makes you less dependent on any one to do well.
    2. A good rule of thumb is not to invest more than 10% of your money in high-risk investments. https://www.fca.org.uk/investsmart/5-questions-ask-you-invest
  5. The value of your investment can be reduced
    1. The percentage of the business that you own will decrease if the business issues more shares. This could mean that the value of your investment reduces, depending on how much the business grows. Most start-up businesses issue multiple rounds of shares.
    2. These new shares could have additional rights that your shares don’t have, such as the right to receive a fixed dividend, which could further reduce your chances of getting a return on your investment.

 

If you are interested in learning more about how to protect yourself, visit the FCA’s website here.