FundedIQ
Financial Services

FROST: Funding, Investors & Team (Sep 2026)

Frost is the account that helps you conquer your finances and pay like a local wherever you are. Open an account from your phone in minutes and get the best deal possible on your utility bills, in-depth spending insights, and currency conversions at the interbank rate. Pawel Oltuszyk and Edyta Sliwinska founded Frost in 2019. It’s headquartered in Manchester.

frost.app Manchester, United Kingdom 11-50 employees
FinTech Emoney And digital account
Total raised
$2.4M
Rounds
1
Latest
Undisclosed round
May 2023

FROST has raised $2.4M across 1 funding round on record, the most recent an undisclosed round of $2.4M announced in May 2023.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

FROST Company Profile and Key Stats

Total funding raised
$2.4M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$2.4M in May 2023
Employees
11-50
reported band
Headquarters
Manchester, United Kingdom

Latest funding round on record: May 2023.

FROST Funding Rounds

Date
Round
Amount
Undisclosed round
$2.4M

FROST Founders and Leadership Team

Name
Role
Contact
Pawel Oltuszyk
CEO
Locked

Contact details for the FROST team: 1 of 1 has an email address on file.

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FROST Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

FROST's latest round of $2.4M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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FROST Funding FAQs

What does FROST do?

Frost is the account that helps you conquer your finances and pay like a local wherever you are. Open an account from your phone in minutes and get the best deal possible on your utility bills, in-depth spending insights, and currency conversions at the interbank rate. Pawel Oltuszyk and Edyta Sliwinska founded Frost in 2019. It’s headquartered in Manchester.

How much funding has FROST raised?

FROST has raised $2.4M across 1 round on record. The most recent is an undisclosed round of $2.4M announced in May 2023.

When did FROST last raise funding?

FROST's most recent funding round on record is an undisclosed round of $2.4M, announced in May 2023.

Who is the CEO of FROST?

Pawel Oltuszyk is listed as CEO at FROST.

Where is FROST headquartered?

FROST is based in Manchester, United Kingdom.

How many employees does FROST have?

FROST is in the 11-50 employee band.

How does FROST's funding compare to other Financial Services startups?

FROST's latest round of $2.4M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's FROST Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for FROST is left off this page rather than filled in.

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