algbra

algbra is a London-based FCA-regulated fintech platform that has built the UK's first fully Sharia-compliant, ESG-aligned digital finance offering. Founded on the belief that ethical finance and high-quality financial services do not need to be in tension, algbra provides a values-based digital banking experience for Muslim and sustainability-conscious consumers, with features including carbon tracking, direct charitable donations, Sharia-compliant payment and savings products, and real-time spending insights.

The company's proprietary full-stack technology, built entirely in-house, has since been commercialised as algbra Labs — a Fintech-as-a-Service (FaaS) solution that enables banks and non-banking financial institutions internationally to deploy compliant, customisable digital banking products. Clients include Gatehouse Bank, and the platform has been deployed through a strategic investment and partnership with SC Ventures, Standard Chartered's innovation arm, to power the Shoal sustainable finance platform.

algbra raised £3.75 million in seed funding from SFC Capital, British Business Investments, and New World Group, and has received investment from SC Ventures. The company was the first ethical fintech globally to achieve both FCA Electronic Money Institution authorisation and B Corp certification, and its co-founders received the Freedom of the City of London in recognition of their contributions to the sector.