Simplifyer Joins PurposeTech’s Startup Funding Bootcamp to Accelerate Personal Finance Innovation

Big news from Simplifyer! We're excited to share that we've been selected for PurposeTech’s Startup Funding Bootcamp. This isn't just another program; it's a strategic move that will accelerate our mission to transform how you handle digital receipts and manage your personal finances.

The shift to digital in personal finance isn't just a trend—it's how modern life works. Globally, the personal finance app market, valued at around $17.75 billion in 2024, is projected to skyrocket to $115.26 billion by 2033. That’s a compound annual growth rate (CAGR) of over 20%! This massive growth shows people are ready for smarter, more convenient ways to manage their money, and Gen Z is leading the charge in adopting these tools.

What This Bootcamp Means for Simplifyer's Future

Over the next five intense weeks, Simplifyer will work directly with top institutional investors and industry experts from Central & Eastern Europe. This unique bootcamp is designed to sharpen our fundraising capabilities and make sure we're built for scale.

We'll be focusing on:

• Crafting our narrative: Telling Simplifyer's story in a way that truly connects with investors.

• Strengthening our foundations: Pressure-testing our investor deck and data room to ensure everything is solid.

• Mastering our pitch: Practicing investor-grade storytelling to nail our Demo Day presentation.

• Driving real traction: Gaining clarity and momentum for a high-conviction fundraising round.

This program is set to provide us with invaluable insights and direct feedback, helping us refine our strategy and grow Simplifyer even faster.

Beyond Paper: Why Digital Receipts are a Must-Have

Let’s talk about receipts. The old paper kind? They're a headache and a half. Did you know over 11.2 billion paper receipts are printed annually in the UK alone, with most ending up in landfills because they're not recyclable? Globally, roughly 10 million trees are cut down each year just for paper receipts, which also contain chemicals like BPA or BPS, extremely harmful both for the planet and human health.

From a financial perspective, physical receipts get lost, fade, and just create clutter, making it a pain to track expenses or do your taxes. This is where Simplifyer comes in. We're solving these issues with an intuitive app that offers automatic receipt collection, multi-tax profiles, and smart categorization. It’s about making financial management effortless and eco-friendly.

Partnering with PurposeTech: Investing in Impact

PurposeTech, founded in 2023 by serial entrepreneur Zdenek Fred Fous and Impact Hub, is more than just a pre-seed fund. They back founders who are making a real difference in Health, Climate, and the Future of Work. Simplifyer’s mission—cutting paper waste, simplifying finances, and offering smart purchasing insights—fits right into PurposeTech’s vision, especially in environmental sustainability and the evolving landscape of work and finance.

This collaboration is about more than just securing funds; it's a shared commitment to using tech to solve real-world problems and build a more sustainable future. PurposeTech’s hands-on support and extensive network will be crucial as we prepare for our next funding round.

The Road Ahead: Driving Impact with Simplifyer

Joining the PurposeTech Startup Funding Bootcamp is a huge boost for Simplifyer. It strengthens our foundation and accelerates our ability to provide a powerful, user-friendly app that puts you in control of your finances. We're not just building a product; we're building a smarter, greener way to manage your money, empowering both consumers and businesses.

Stay tuned as we embark on this exciting five-week journey with PurposeTech!

Simplifyer Joins the 2025 FinTech Wales Foundry Accelerator 🚀

We’re thrilled to announce that Simplifyer has been selected for the 2025 cohort of the prestigious FinTech Wales Foundry, a no-equity, not-for-profit accelerator supporting promising fintech early-stage startups in Cardiff. We can’t wait to build, grow, and contribute to the thriving Welsh fintech ecosystem!

What is the FinTech Wales Foundry?

• World-class mentorship: A five-module, hands-on programme from May to October 2025, with expert-led workshops and mentoring sessions on everything from market validation to pitch prep.

• No equity, no fees: A pure support programme — no payment required, no equity taken.

• Welsh fintech ecosystem: Fully embedded in Wales’s vibrant, collaborative fintech community, powered by top-tier mentors, investors, and peer founders.

Why this matters for Simplifyer

1. Expanding into the UK market
   The UK is one of the most promising markets for Simplifyer. There’s a strong consumer appetite for mobile-first personal finance tools, and a growing demand for privacy-first, sustainable alternatives to traditional finance apps.
   Through the Foundry, we’re building relationships with UK-based investors and partners who share our vision, and positioning Simplifyer for sustainable growth in the market.

2. Committed investor community
   The FinTech Wales ecosystem connects us with investors who understand fintech and personal finance, and who are genuinely committed to helping early-stage startups scale. This gives us a strong platform to prepare for our next funding round with the right partners.

3. Product & market focus
   We’re refining our positioning, pricing, and core value offerings and the Foundry’s expertise gives us the structure to do this right, ensuring we build a product fit for UK and wider EU markets.

4. The Welsh cohort is a global platform
   We’re joining a community of visionary entrepreneurs and are excited to grow together with these eight forward-thinking fintechs (from Wales and beyond) that have collectively raised over £1.9M so far.

Meet the 2025 Cohort with Simplifyer

The Foundry’s 2025 batch features a well‑diverse mix of startups driving innovation in fintech, data intelligence, and financial inclusion.

• Banxlocal – a multi-bank retail branch network reinventing high street banking

• Capitawise – a SaaS platform connecting insurer operations across capital modelling and claims

• Cavefish – AI-powered emotion tracking for ad testing and mental health use cases

• Chest – a gamified pension platform for Gen Z and Millennials

• CloudBank.Digital – plug-and-play core banking services in a product-as-a-service model

• COLFI – DLT-powered post-trade settlement for real-time collateral transfer

• Humoni – alternative credit and housing access for migrants and international students

• Simplifyer – smart expense management for freelancers with privacy-first data insights

• Zugo – AI-powered financial advice for underserved wealth management clients

We’re joining a community of visionary entrepreneurs and are excited to grow together.

Already making waves

• Launch day energy: The Foundry kicked off at the FinTech Wales HQ in Cardiff. Nine founders (including Isabel Carapeta of Simplifyer) came together for the first module’s kickoff.

• Shared ambition: Social media is buzzing, with congratulations flying in from mentors, founders, and the FinTech Wales team itself.

What’s next?

Over the coming 6 months, we’ll be fully immersed in:

• Validating our MVP and key customer segments in both the UK and EU markets

• Building monetisation frameworks that align with UK consumer expectations and regulatory frameworks

• Strengthening our product and team to support scalable growth in the UK

• Perfecting our investor narrative and pitch for UK-based investors and partners

We’re excited about the opportunities the UK market presents for Simplifyer and the Foundry is the perfect platform to help us make the most of them. Expect more news from us as we continue this journey!

Thank you to FinTech Wales 🌍

A big thank you to FinTech Wales’ Programme Director Lucy Bulley, CEO Sarah Kocianski, and the entire FinTech Wales team for empowering early-stage fintechs through such a thoughtful, founder-friendly accelerator. We’re proud to be part of this year’s cohort and excited to move forward and grow together.

🚀 Stay tuned & get involved

Want to explore how Simplifyer is redefining receipt and receipt-based finance management — sustainable, simple, and privacy-first? Subscribe to our updates, or join the waitlist below.

👉 Join the waitlist

Photography credits: Owain Roberts.

Go paperless: why managing your receipts digitally just makes sense.

We’re surrounded by paper.

From store receipts to warranty documents and invoices, the clutter adds up fast. And most of us don’t really know what to keep, what to toss, or where to store it all.

It’s no wonder that more and more people are going digital when it comes to managing their receipts. And it’s not just about eco-conscious practices, it’s about making life simpler, clearer, and less stressful.

Here’s why switching to digital receipt management is one of the smartest moves you can make.

1. Less paper, more planet

Let’s start with the obvious: paper receipts are a huge source of waste.

Millions of receipts are printed every day. Many of them on thermal paper that’s not recyclable and contains chemicals you don’t want on your skin.

By managing receipts digitally, you’re contributing to a more sustainable, eco-friendly future. Less paper means less waste and a lighter footprint.

2. Everything in one place

Ever found yourself digging through drawers or your wallet for that one warranty receipt you swear you kept?

With digital receipt management, that frustration disappears. You can keep all your receipts, invoices, and warranties in one place — on your phone — and find what you need in seconds.

No more guessing. No more lost paperwork.

3. Smarter spending insights

When your receipts live in a digital system, especially one like Simplifyer that reads them item by item, they become a powerful source of personal finance insights. You can track where your money goes, monitor spending patterns, and start planning better. And with tools that are privacy-first, like Simplifyer, your data stays yours : no creepy tracking or selling your personal information.

4. Warranty management made easy

How many times have you forgotten to claim a warranty, simply because you couldn’t find the receipt or missed the deadline?

Simplifyer makes this simple: your warranties are organised automatically, and you can easily check which products are still covered while being notified when the returning window is closing.

It’s peace of mind built right into your phone.

5. Stress-free finances

Ultimately, going digital with your receipts isn’t just about saving space or protecting the planet. It’s about reducing stress, giving you clarity and control over your personal finances. It’s also about making sure you’re always ready, whether you need to return a product, claim a warranty, or simply understand your spending better.

Ready to simplify?

Simplifyer is the privacy-first personal finance app built for mobile-first consumers. We help you manage receipts, warranties, and spending with less paper, less stress, and more clarity.

👉 Join the waitlist today

TL;DR

• Paper receipts = waste + clutter

• Digital receipts = less waste, less stress

• Get better personal finance insights

• Track warranties easily

• Keep all your receipts in one secure place