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Finndon to pay your rent/mortgage for a year!

To make 2021 kick off with a much-needed bang, Finndon, a soon to be launched challenger digital bank, is launching “It’s Live Rent Free Season” and are offering one lucky winner the chance to have their rent paid for ONE entire year. That’s right. For 12 months, Finndon will cover your rent.

Want to enter but don’t pay rent? Fret not, Finndon said, “as a digital bank inclusive of everyone, so too is the giveaway.”

Never heard of Finndon?

The challenger bank aims to launch in the first quarter of 2021. It raised an initial £2 million investment committed by its founders, it was reported back in August. The funding has contributed towards the bank’s partnerships with Modulr, Global Processing Services (GPS), Allpay Cards and Transaction Payments.

Earlier this month, Finndon secured FCA approval for their e-money agent license. A major step for the new digital banking app that will enable them to offer current accounts with a range of smart budgeting tools and features that will not only help their customers keep track of their spending, but also teach them how to make their money go further.

But here’s what they say they are all about.

Now back to that competition…

Whether you decide to save your rent money for the future, treat yourself to Deliveroo every night or use it as a starting point for a deposit for your own home, the competition winner will definitely have something to celebrate in 2021.

Those keen to enter the giveaway simply need to join the Finndon waitlist via the website (details below). To earn extra entry points into the giveaway you can refer your friends or follow Finndon on their social channels, clicking through via the giveaway page on the website.

However, it pays to be first as the more friends you refer, the more entries you have in the prize draw so be quick before your mates get in there before you, said Finndon in a statement.

“It’s undeniable that trying to save whilst paying for rent is difficult and for some, near impossible,” said Finndon Founder and CEO, Aaron Archer.

“Figures suggest that up to a third of millennials may never be able to own their own home and we want to give someone the chance to change that. With the turmoil of 2020, lets kick off 2021 the right way and give someone the kickstart they need in their journey to financial freedom.”

Extra entries:

For every friend you refer who enters the Prize Draw (using the special personal link provided to you), you receive additional entries. Each referred person must be a unique individual (not the same person with a different email address for instance). The bank reserves the right to investigate friend referrals for fraud.

You may be offered the opportunity to earn additional entries. The details and terms of these will be described within the offer.

The Prize:

There is one off prize of £10,000 (“Prize”) to be won. The Prize will be made payable in the name of you, the winning entrant only and will be paid in 12 equal monthly instalments.

Proof of your identity and residence will be required to collect the Prize.

You may be required, and therefore consent, to taking part in publicity for Finndon as and when required. At a minimum your name and photo will be required for promotion on Finndon’s website and/or the competition emails.

Prize provider and Promoter: Finndon Ltd, at 126 New Kings Road, London, SW6 4LZ with company number 12373271.

For more information on the competition please visit finndon.com/giveaway where all terms and conditions can be found.  

The £10,000 giveaway ends 16/12/2020 and the winner will be announced 17/12/2020 via the bank’s Instagram account.

For full giveaway terms & conditions view here.

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