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Sporta receives a £5M investment from Lazaroo-Hood Group to support its growth phase, including team expansion and technology development.

PRIVATENov 04, 2026

Amount Raised

£5 Million

Round Type

Venture

United KingdomFinancial Services

Investors

Lazaroo Hood Group

Description

Sporta, a London-based provider of financial and digital infrastructure for the sports economy, receives a £5M investment from Lazaroo-Hood Group. The company intends to use the funds to support its next phase of growth, including team expansion and technology development. Led by CEO Andrew Smith, Sporta aims to build a financial and digital foundation for clubs and athletes. This investment will help sustain grassroots sporting organizations.

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Company Information

Company

Sporta

Location

United Kingdom

About

Sporta is an AI-native challenger bank focused on the sport, leisure, and wellbeing sectors. It aims to provide dedicated financial infrastructure for the UK's sports ecosystem, which lacks tailored banking solutions. The company emphasizes community involvement and building trust with stakeholders through crowdfunding. Sporta plans to secure its UK banking license and launch its first products in the near future.

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Sporta raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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