Full-Time
Bits
11-50 employees
Credit-building service with educational tools
No salary listed
Entry, Junior
London, UK
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- Proven experience as a Personal Assistant or similar role supporting C-level executives
- Exceptional organizational and time management skills
- Strong communication and interpersonal skills
- Ability to handle confidential information with discretion
- Proficient in Microsoft Office suite
- Ability to multitask and prioritize tasks effectively
- Detail-oriented with excellent attention to accuracy
- Highly proactive and able to anticipate needs
- Ability to work autonomously and collaborate effectively with team members
- Support the CEO in ensuring the smooth operation of the CEO's office
- Provide comprehensive administrative support to the CEO
Bits helps individuals improve their credit scores without high-interest rates or hidden fees. The service works with major credit bureaus and does not perform hard credit checks, making it accessible to those with poor or no credit history. Users pay a monthly subscription fee for credit-building tools and educational resources, including videos and a score simulator. Bits stands out by focusing on transparency and user education in a complex financial market.
Company Size
11-50
Company Stage
Seed
Total Funding
$300K
Headquarters
London, United Kingdom
Founded
2018
Simplify's Take
What believers are saying
- Growing demand for credit-building services among millennials and Gen Z boosts Bits' potential.
- Rising interest in subscription-based services aligns with Bits' business model.
- Increased regulatory scrutiny on traditional credit products may drive consumers to Bits.
What critics are saying
- Increased competition from fintech startups could dilute Bits' market share.
- Regulatory scrutiny on unregulated products like Bits' Store Card may lead to compliance costs.
- Consumer skepticism towards subscription-based services could impact Bits' user acquisition.
What makes Bits unique
- Bits offers a no-interest, no-fee credit-building service accessible to all.
- The company uses a subscription model with educational tools to enhance user understanding.
- Bits reports to major credit bureaus without hard credit checks, broadening its audience.
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Benefits
Paid Vacation
Health Insurance
401(k) Retirement Plan
Growth & Insights and Company News
6 month growth
↑ 7%1 year growth
↑ 16%2 year growth
↓ -14%Title: "In the Fight Against Legalese, Startup Bits Raises R$1.8 Million in Round with Quintal and Levain Ventures" Content: Legaltech Bits raised R$1.8 million in a funding round led by Levain Ventures and Quintal Ventures, with additional support from Anjos do Brasil, Harvard Angels, and Insper Angels. The funds will enhance their AI-driven 'legal design' technology, simplifying legal language in documents. The investment includes financial capital and media exposure, with R$1.1 million from Levain and Quintal Ventures.