Passion Capital has backed Fronted, the startup that wants to offer loans to cover rent deposits
Fronted, the new London-based startup aiming to make life easier for renters, including lending the cash needed for a deposit, has picked up seed investment from Passion Capital. The investment showed up in a recent regulatory filing for the company.
The exact cheque size isn’t yet disclosed, but what we do know is that Passion Capital partner Eileen Burbidge has joined Fronted’s board. That’s unsurprising, given that Fronted co-founder Simon Vans-Colina was an early and important employee of Monzo, the challenger bank that counts Passion Capital and Burbidge as original backers.
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