Fair by Design

AI Verified

Location

United Kingdom

Investor type

Venture Capital

Current investment status

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Website

https://fairbydesign.com/

Linkedin

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Company address

United Kingdom, London

Founding year

2018

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Criteria Requirements Match
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Product readiness
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Company Description
Fair By Design's vision is a UK where poor and low income people pay a fair price for essential services. People in poverty pay more for a range of products including energy, through expensive tariffs; loans and credit cards, via higher interest loans; and insurance, because of costlier premiums for living in certain postcodes. This is known as the poverty premium. We collaborate with industry, government, and regulators to design out the poverty premium. Our Venture Fund provides capital to help grow innovative and scalable ventures developing products that help make markets fairer. Ascension manages the Fair By Design Fund. Fair By Design's policy and advocacy work is run by the Barrow Cadbury Trust on behalf of a group of foundations.
Highlights
$100 million assets under management.
Promoting liquidity for startups and founders.
Founded by Peter Hammond and William Deane.
Tackling the poverty premium for fairer essential services
Investing in ventures that make markets fairer for everyone

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