<i><span style="font-weight: 400;">Findings from the latest Loqbox member survey </span></i>

<span style="font-weight: 400;">Christmas is usually the busiest time of year for people to spend time with friends and family, however, only 1 in 4 people surveyed say they will be going on the usual ‘nights out’ due to the costs associated with socialising. Many respondents also commented that they will not be able to afford to travel to see family this year. </span>
<p style="text-align: center;"><b>Tom Eyre, Co-Founder and Co-CEO at Loqbox said: </b></p>

<blockquote><span style="font-weight: 400;">“What we are seeing is that unsurprisingly, people are doing everything they can to save money and this means we are seeing a real shift in behaviour over the festive period. For many people, this will be a difficult time. </span></blockquote>
<span style="font-weight: 400;">Over half of the people surveyed said they will be looking for new ways to source gifts this Christmas as Brits look to get more thrifty. 30% of us are using eBay, 19% are using Facebook Marketplace, 22% are making their own gifts, 20% are sifting charity shops for giftable treasures whereas 10% are considering regifting. </span>

<span style="font-weight: 400;">However, overall, 61% of respondents won’t be giving gifts to friends at all this year, 21% are not buying presents for the family and 14% of partners will not be getting a present this year. </span>

<span style="font-weight: 400;">The results also show that over half of people planning to host a Christmas dinner plan to make savings by</span> <span style="font-weight: 400;">buying cheaper meat, own brand beverages and skipping on Christmas crackers.</span><span style="font-weight: 400;"> </span>
<p style="text-align: center;"><b>Tom Eyre continued: </b></p>

<blockquote><span style="font-weight: 400;">“With more than a million families receiving cost of living payments, it’s unsurprising</span> <span style="font-weight: 400;">to read that more people are planning to cut back on their festive traditions in a bid to save money. 35% of</span> <span style="font-weight: 400;">our surveyed members told us they are planning to use their cost of living payment to help cover the cost of</span> <span style="font-weight: 400;">Christmas. We also found it very interesting to learn that almost 60% of the people we spoke to said they</span> <span style="font-weight: 400;">would give vouchers or money to help loved ones with their living expenses due to the cost of living crisis”.</span><span style="font-weight: 400;"> </span></blockquote>
<span style="font-weight: 400;">Half of people who usually send Christmas cards don’t plan to do so this year, with 75% stating they believe</span> <span style="font-weight: 400;">it will help to save money.</span><span style="font-weight: 400;"> </span>
<p style="text-align: center;"><b>Tom Eyre said: </b></p>

<blockquote><span style="font-weight: 400;">“</span><span style="font-weight: 400;">Our members may be planning to spend more wisely this Christmas, but many respondents also told us that they are cutting back on cards, gift wrap and presents due to the environmental impacts showing that social responsibility is high on many people’s Christmas considerations this year, even when financial concerns appear to be more difficult than usual”. </span></blockquote>
<b>ENDS ALL</b>

<b>About Loqbox:</b>

<span style="font-weight: 400;">There are many things in life we feel we cannot control. Historically, this was the case in relation to our health. It often takes societal shifts to enable us to take control of things that used to passively happen to us. In the 1980’s as a society we started to actively improve our physical health. In the noughties, the same thing happened with mental health. Still today, this has not happened with financial health. </span>

<span style="font-weight: 400;">Loqbox is a wellbeing business focused on financial health. </span>

<span style="font-weight: 400;">Every person on the planet interacts with money but only a few enjoy a happy, healthy relationship with it. Most do not. </span>

<span style="font-weight: 400;">Our mission at Loqbox is to give everyone access to a richer life. We do this by enhancing people’s financial profile, knowledge and security. This enables them to build healthy, lifelong financial habits, improving their relationship with money. </span>

<span style="font-weight: 400;">Loqbox is run by Co-CEOs and Co-Founders Tom Eyre and Gregor Mowat. Tom has over a decade of experience in personal financial services. In 2012, when his little sister was refused credit to buy a sofa, frustration with the inflexibility of the financial system drove him to start creating solutions to help people improve their financial knowledge, build their savings, and boost their credit history. As a former partner with global audit and advisory firm, KPMG, Gregor has seen first-hand how many people around the world are unable to live their best financial life due to a lack of tools and support, making him determined to do something about it. </span>

<span style="font-weight: 400;">We are a multi award-winning business in the UK and the US, that has already helped over a million people to improve their financial health. We guide our members on their journey to wellbeing by enabling anyone to enjoy a happier and healthier relationship with money. </span>

Christmas on a budget - 87% of people will spend less than ever due to cost of living crisis

<div></div>
<div></div>
<div>

<em>Following the Deloitte Tech Fast 50 Awards</em>

&nbsp;

</div>
<div>LOQBOX today announced it ranked number 45 in the 2022 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK.</div>
<div>

The awards are one of the UK’s foremost technology programmes highlighting the 50 fastest growing tech companies in the UK. Rankings are based on percentage revenue growth over the last four years. LOQBOX grew by 875% during this period.

</div>
<div style="text-align: center;"><strong>Gregor Mowat, Co-Founder and Co-CEO of LOQBOX commented: </strong></div>
<blockquote>
<div>“We are thrilled to be recognised as the 45th fastest growing tech business in the UK. The growth we have seen over the last four years shows there is a real need and appetite for LOQBOX especially during times like now, when financial wellbeing is more important than ever. We are very proud of our team and we are very excited about the future of LOQBOX, there’s a lot more to come”.</div></blockquote>
<div>

The 50 fastest growing UK technology companies, as ranked by Deloitte, generated around £992mn in total annual revenues in the year 2021/22 and employed more than 16,300 people.

</div>
<div style="text-align: center;"><strong>Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said: </strong></div>
<blockquote>
<div>“The exceptional growth of this year’s Fast 50 is a marker of the ongoing strength and resilience of the UK’s technology industry, which continues to thrive despite considerable headwinds. Deloitte’s 2022 Fast 50 awards showcase the talent and innovation in the UK’s technology industry today”.</div></blockquote>
<div>

The Deloitte UK Technology Fast 50 recorded an average three-year growth rate of 4,568%.

</div>
&nbsp;

&nbsp;
<div><strong>---ENDS---</strong></div>
<p dir="ltr">About LOQBOX There are many things in life we feel we cannot control. Historically, this was the case in relation to our health. It often takes societal shifts to enable us to take control of things that used to passively happen to us. In the 1980’s as a society we started to actively improve our physical health. In the noughties, the same thing happened with mental health. Still today, this has not happened with financial health. LOQBOX is a wellbeing business focused on financial health.</p>

<div>Every person on the planet interacts with money but only a few enjoy a happy, healthy relationship with it. Most do not. Our mission at LOQBOX is to give everyone access to a richer life. We do this by enhancing people’s financial profile, knowledge and security. This enables them to build healthy, lifelong financial habits, improving their relationship with money.</div>
<div></div>
<div>LOQBOX is run by Co-CEOs and Co-Founders Tom Eyre and Gregor Mowat. Tom has over a decade of experience in personal financial services. In 2012, when his little sister was refused credit to buy a sofa, frustration with the inflexibility of the financial system drove him to start creating solutions to help people improve their financial knowledge, build their savings, and boost their credit history. As a former partner with global audit and advisory firm, KPMG, Gregor has seen first-hand how many people around the world are unable to live their best financial life due to a lack of tools and support, making him determined to do something about it.</div>
<div></div>
<div>We are a multi award-winning business in the UK and the US, that has already helped over a million people to improve their financial health. We guide our members on their journey to wellbeing by enabling anyone to enjoy a happier and healthier relationship with money.</div>

LOQBOX IS 45TH FASTEST GROWING TECH BUSINESS IN THE UK

By <span style="color: #4bbb87;"><a style="color: #4bbb87;" href="https://www.loqbox.com/en_gb">LOQBOX</a></span>

--
<div style="text-align: center;">
<p class="p1"><span class="s1"><i>ClearScore x LOQBOX allows ClearScore users to open, view and manage their LOQBOX in one app</i></span></p>
<p class="p2" style="text-align: left;"><span class="s1">Financial exclusion impacts billions of people around the world, including younger people who are thin file* or new to credit. As the UK economy works hard to bounce back from the pandemic, British lenders are now expecting a rise in unsecured lending. As more people apply for credit, inevitably, more people will be declined.</span></p>
<p class="p2" style="text-align: left;"><span class="s1">LOQBOX and ClearScore have partnered to help UK consumers build a credit history, support them in getting a head start on credit and secure a responsible financial future.</span><span class="s1"> </span></p>
<p class="p2" style="text-align: left;"><span class="s1">The integration of the multi award winning service, LOQBOX into ClearScore Build is a world first and will help hundreds of thousands of UK consumers. ClearScore x LOQBOX will allow customers to view their credit-building progress, learn how to build a healthy credit score and receive updates all in one place.</span></p>
<p class="p2" style="text-align: left;"><span class="s1"><b>Co-Founder and Co-CEO of LOQBOX, Gregor Mowat commented: </b>“This world-first partnership and integration is a huge step towards ending financial exclusion. Certainly, since the pandemic, we have seen more and more young people who have suffered from a poor or non-existent credit score, preventing them from participating fairly in the financial world. We believe ClearScore x LOQBOX will help thousands of people who want to get a head start on building a credit history and to eventually become financially included”.</span><span class="s1"> </span></p>
<p class="p2" style="text-align: left;"><span class="s1"><b>Co-Founder and CEO of ClearScore UK, Justin Basini said: </b>“We are very excited about <span style="color: #4bbb87;"><a style="color: #4bbb87;" href="https://nyl.as/t1/198/94z8ts8cjn8g5ismupjfcrdlq/1/6ec2cfbb0549014d478a5407361e893405f53bf633c44938e8bec8f0ccebd9da"><span class="s2">ClearScore x LOQBOX</span></a></span> which is designed to help everyone, no matter what their circumstances, achieve greater financial wellbeing. We’ve always helped our users to improve their credit report and score but we wanted to go further. The reality for millions of people is that they are locked out of mainstream credit products, either because they don’t have any credit history or have made some mistakes in the past”.</span></p>
<p class="p2" style="text-align: left;"><span class="s1">For LOQBOX members who successfully completed a 6 month period, their credit scores went up by 34 points on average. Members then go on to perform better than their peers with traditional credit products and in turn are rewarded by saving thousands of pounds over their financial lives.</span></p>
<p class="p2" style="text-align: left;"><span class="s1"><b>Co-Founder and Co-CEO of LOQBOX, Tom Eyre commented: </b>“We wanted to work with ClearScore to provide a way that a person could simply and easily, without traditional borrowing, actually prove in a relatively short period of time that they were credit worthy and build a better future. We are proud to partner with ClearScore on Build and look forward to helping thousands more people to become financially included”.</span></p>
<p class="p2" style="text-align: left;"><span class="s1">Find out more about ClearScore x LOQBOX at ClearScore’s annual showcase of new innovations, streaming live on Vimeo at 3:30pm BST, Wednesday 21st July 2021: <a href="https://nyl.as/t1/198/94z8ts8cjn8g5ismupjfcrdlq/2/464346d74b548f7d7cc69e6e59a289f5fd0e612c18050a8c9aabf2447d3d5360"><span class="s2">https://vimeo.com/event/1145126/3d8fc8372a</span></a></span></p>
<p class="p3"><span class="s1"><b>~ Ends ~</b></span></p>

</div>

LOQBOX and ClearScore launch world's first app integration for the financially excluded

<p>&nbsp;</p>
<p>LOQBOX helps you build your credit score and save £1,000s on credit cards, loans and mortgages.</p>
<p>Decide what you could save in a year. We lock away a 0% APR loan for that amount in your LOQBOX. Like a digital piggy bank. Pay off the loan over 12 months, growing your credit score as you go to unlock better borrowing. Once your loan is repaid, you release every penny into a new bank account for free. Or into an existing account for £30.</p>


LOQBOX

&nbsp;

LOQBOX helps you build your credit score and save £1,000s on credit cards, loans and mortgages.

Decide what you could save in a year. We lock away a 0% APR loan for that amount in your LOQBOX. Like a digital piggy bank. Pay off the loan over 12 months, growing your credit score as you go to unlock better borrowing. Once your loan is repaid, you release every penny into a new bank account for free. Or into an existing account for £30.