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.
Funding
$250K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
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.
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.
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