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Manchester Evening News

World

Jon Robinson

Over £60m raised by credit card start-up backed by former Manchester United star Rio Ferdinand

Rio Ferdinand Yonder Cred Manchester United Joseph Moore

Over £60m has been raised by a credit card start-up backed by former Manchester United and England star Rio Ferdinand.

Yonder, which also counts WAH Nails and Beautystack founder Sharmadean Reid among its investors, secured £12.5m in equity and a further £50m in debt following its Series A funding round.

The round was co-led by Northzone and RTP Global alongside Crust Bros founder Joseph Moore and Kunal Shah, the founder of Cred.

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