Uome

About Uome

Uome is a billing and payments app that utilizes open banking technology to facilitate instant bank transfers, enabling users to accept online and in-person payments without transaction fees. The platform streamlines invoicing, client management, and expense tracking, allowing small businesses and freelancers to efficiently manage their financial operations from a single mobile application.

```xml <problem> Small businesses and freelancers often struggle with fragmented financial management processes, requiring multiple applications for invoicing, payment processing, client communication, and expense tracking. This leads to inefficiencies, increased administrative overhead, and difficulties in maintaining a clear overview of their financial health. </problem> <solution> Uome is a mobile business management application that consolidates essential financial tools into a single platform, enabling small businesses and freelancers to streamline their operations. The app facilitates instant bank transfers using open banking technology, allowing users to accept online and in-person payments without transaction fees (UK only). Uome also provides features for creating and sending invoices, managing client relationships through integrated chat, tracking expenses, and generating financial reports. By combining these functionalities, Uome simplifies financial administration and empowers users to focus on their core business activities. </solution> <features> - Instant bank transfers via open banking for fee-free payments (UK only) - In-app Point of Sale (POS) functionality for accepting in-person payments using a smartphone - E-commerce shopfront for accepting online orders - Invoice creation and sharing via email and chat - Integrated Chat CRM for client communication, updates, and evidence-based work - Expense tracking with receipt uploads and categorization - Financial reporting with cash flow statements and export options - Customizable invoices with logo integration - Payment links and QR codes for easy online payments - Customer order requests and quote management - Option to offer "buy now, pay later" financing to clients </features> <target_audience> The primary target audience includes freelancers, sole traders, contractors, and small business owners across various sectors who need a comprehensive mobile solution for managing their finances and client interactions. </target_audience> <revenue_model> Uome operates on a freemium model, offering a free plan with basic features and charging a subscription fee for access to advanced functionalities such as VAT MTD returns to HMRC, e-commerce shopfront, item catalogue, expense tracking, and financial reports. A "Simple" plan is offered at £9.99 monthly or £99.99 annually. </revenue_model> ```

What does Uome do?

Uome is a billing and payments app that utilizes open banking technology to facilitate instant bank transfers, enabling users to accept online and in-person payments without transaction fees. The platform streamlines invoicing, client management, and expense tracking, allowing small businesses and freelancers to efficiently manage their financial operations from a single mobile application.

Where is Uome located?

Uome is based in London, United Kingdom.

When was Uome founded?

Uome was founded in 2022.

How much funding has Uome raised?

Uome has raised 250000.

Who founded Uome?

Uome was founded by Jason Halstead.

  • Jason Halstead - Tech Founder
Location
London, United Kingdom
Founded
2022
Funding
250000
Employees
9 employees
Major Investors
Start Path Small Business
Looking for specific startups?
Try our free semantic startup search

Uome

Score: 92/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Uome is a billing and payments app that utilizes open banking technology to facilitate instant bank transfers, enabling users to accept online and in-person payments without transaction fees. The platform streamlines invoicing, client management, and expense tracking, allowing small businesses and freelancers to efficiently manage their financial operations from a single mobile application.

myuome.com500+
cb
Crunchbase
Founded 2022London, United Kingdom

Funding

$

Estimated Funding

$250K+

Major Investors

Start Path Small Business

Team (5+)

Jason Halstead

Tech Founder

Company Description

Problem

Small businesses and freelancers often struggle with fragmented financial management processes, requiring multiple applications for invoicing, payment processing, client communication, and expense tracking. This leads to inefficiencies, increased administrative overhead, and difficulties in maintaining a clear overview of their financial health.

Solution

Uome is a mobile business management application that consolidates essential financial tools into a single platform, enabling small businesses and freelancers to streamline their operations. The app facilitates instant bank transfers using open banking technology, allowing users to accept online and in-person payments without transaction fees (UK only). Uome also provides features for creating and sending invoices, managing client relationships through integrated chat, tracking expenses, and generating financial reports. By combining these functionalities, Uome simplifies financial administration and empowers users to focus on their core business activities.

Features

Instant bank transfers via open banking for fee-free payments (UK only)

In-app Point of Sale (POS) functionality for accepting in-person payments using a smartphone

E-commerce shopfront for accepting online orders

Invoice creation and sharing via email and chat

Integrated Chat CRM for client communication, updates, and evidence-based work

Expense tracking with receipt uploads and categorization

Financial reporting with cash flow statements and export options

Customizable invoices with logo integration

Payment links and QR codes for easy online payments

Customer order requests and quote management

Option to offer "buy now, pay later" financing to clients

Target Audience

The primary target audience includes freelancers, sole traders, contractors, and small business owners across various sectors who need a comprehensive mobile solution for managing their finances and client interactions.

Revenue Model

Uome operates on a freemium model, offering a free plan with basic features and charging a subscription fee for access to advanced functionalities such as VAT MTD returns to HMRC, e-commerce shopfront, item catalogue, expense tracking, and financial reports. A "Simple" plan is offered at £9.99 monthly or £99.99 annually.