Press releases


Dec 02, 2020

LOQBOX has been selected as one of the rising stars in the South West region to gain from

it’s global Tech for Good Programme. It will allow the business to showcase their technology

on the global stage.

Tech for Good South West is a first of its kind intensive programme to participate in 'virtual'

trade visits to the US, India and Singapore.

These markets have been specifically selected by the team of expert advisers due to the

breadth of in-market opportunities available for UK companies. LOQBOX will be pursuing the

opportunities available to them in the US section of the programme after launching their

proposition to 80% of Americans earlier this year.

Co-CEO and Co-Founder of LOQBOX, Gregor Mowat said: “We are delighted to be

included in the Department for International Trade, Tech4Good export programme and

virtual trade mission to the US. We have ambitious goals that we know we will achieve, but

we believe that our progress will be faster and our journey smoother with our inclusion on

this programme. This will enable us to execute on our mission faster. We want to explore

what other scaling growth opportunities are out there and learn from peers who have

experienced similar journeys so we can learn and develop our proposition further to really

help people to take back control of their finances”.

Co-CEO and Co-Founder of LOQBOX, Tom Eyre Continued: “Our growth plans don’t just

focus on developing our existing proposition. We want to take our technology and innovation

to the next level and do more to empower people. We launched LOQBOX in the US earlier

this year, which is the only free credit building solution (irrespective of where they bank)

across 40 states of America. Now more than 80% of Americans have the chance to build

their credit score while they save money without it costing them anything. We are absolutely

thrilled to be included in this programme as it will give us greater opportunities to explore the

US in more detail and will help us to take our next steps towards achieving our mission of

ending financial exclusion globally”.

CEO of LOQBOX U.S.A, Brent Matson said: “Inclusion in this programme is incredibly

important to us at LOQBOX, and the timing is also very important. The current downturn in

the global economy is going to have a significant impact on people’s (financial) lives. We

already know that LOQBOX actually gives people the chance to change their lives - we want

to develop and grow to the next level of our maturity within the United States, and this

opportunity will allow us to learn and grow from the expertise and experiences of others”.

As the largest tech market globally, the US is one of the most important partners to the UK in

terms of exports, investment and collaboration in the digital economy. An abundance of early

adopters combined with significant market size and sophistication makes the US an ideal

test-bed for innovative UK tech. The US presents opportunity across all areas of

technology-enabled positive change from healthcare, environmental to social issues.

This accelerator programme will involve education, networking and sales development

through a series of virtual activities in the UK and each market. The programme is supported

by DIT South West’s levelling-up programme.

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Katy Ringsdore - Head of Media Relations

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