Investing for
The benefit’s mutual
At NBS Ventures, we look for inspirational teams who are developing solutions that could benefit Nationwide’s members and society as a whole. We’re based in London and Swindon, and invest globally in companies at Seed and Series B investment stage.
Nationwide signed up to the Fintech Pledge in December 2020 and is committed to providing clear guidance to technology firms on how the onboarding process works. The Pledge is an initiative of the Fintech Delivery Panel, supported by HM Treasury, to accelerate the growth of the UK’s fintech sector. A world-first, the Fintech Pledge sets standards for the establishment of efficient and transparent commercial partnerships between banks and fintech firms.
We achieve more together
Nationwide Building Society is a mutual organisation, which means we’re not owned by shareholders, but by our customers - we call them our members. We don’t just believe in the power of the collective. We embody it. We are a community of 16 million members and it’s why we invest in start-ups. We invest early and for the long term, supporting great companies, then doing things together that neither of us could alone.
Our portfolio
Since our launch in June 2018 we have invested in 11 businesses.
10x develop next-gen, cloud-native core banking infrastructure. Enabling timely, relevant and personalised customer experiences.
Scaled Insight are applying human and behavioural insight deployed through artificial intelligence to Financial Services, Insurance and Health sectors
Form3 allow customers to access multiple payment schemes and move money with their cloud-native, real-time technology.
Hazy generates synthetic data that you can drop straight into your existing workflow to improve your fraud detection and risk models
Ordo is building an ecosystem to allow billers to issue requests for payment, and payers to respond, paying directly from their bank account
BankiFi enables banks to offer their business customers a suite of additional accounting services, through one API
Moneyhub allows users to take control of their financial situation, access all their data in one place and improve their financial wellbeing
Bunk is a digital lettings agency using the latest technology, including Open Banking, to help improve the rental market for both landlords and renters
Switchd saves you money by checking energy tariffs every day and automatically switching you when there’s a better deal
Exited companies
acasa lets you stay on top of your bills, split anything from milk to Netflix and settle up with your housemates in seconds.
Percent help you raise money for the causes you care about, for free, by spending with Percent retailers.
Meet the team
Samuel White
Head of Ventures, Venture Partner
Samuel has 15 years M&A and Venture Capital experience – being involved in more than 300 transactions with enterprise values of up to £500m. He leads the NBS Ventures investment activity, is a father to his two young children, and has founded several startups of his own. Samuel likes to solve complex challenges and is passionate about doing things that make a difference.
Joe Heade
Venture Principal
Joe's experience ranges from analyst roles across several industries to Fintech start-up. With a background in product design engineering, he applies the logic of an engineer with the creativity of a designer. He enjoys using innovative technology to solve problems and explore the unknown; he likes to apply machine learning to his research where possible.
Get in touch
We love to connect with early stage start-ups that share our passion and belief in the power of the collective. If this sounds like you, or you’re interested in what we’re doing, drop us a line.
hello@NBSVentures.co.uk
Nationwide Building Society,
Nationwide House,
Pipers Way,
Swindon
SN38 1NW