computer said no
again
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All of the CRAs offer their own checks.
Plenty of people say scores don’t matter but they do in these cases. It’s just outsourcing the decision, the companies will give their criteria / minimums and let the CRAs make the decision based on the data they hold.
Is the No appearing on your credit reports as a hard search?
I was interested in the advanced features, as described in the OP’s link
The app also gives increasingly tech-savvy consumers the ability to intelligently tag and search transactions and, in an industry first, the option to share credit limit with trusted friends and family. You can even link your Jaja credit card to your bank account, allowing it to intelligently top up your account if you are at risk of going overdrawn or missing an important payment.
None of this seems to be available yet…
Edit:
Sorry, search and tag are available, as you would expect. It’s the limit sharing and linking to bank account that aren’t there yet and that would make this a very interesting proposition.
At the moment, it’s more or less a standard credit card, just without promo periods or cashback.
Not massively impressed that DD setup wasn’t part of the signup process, and then was not that obvious to find in the app.
I got fed up waiting for Jaja and went for Tandem linked savings and credit card - although no cash back any more the app is great with real time updates so I’m happy!
The cashback card is still live and giving cashback
Only for existing cashback card customers.
No card 13 days later… Think they might have sent too many invites out.
Edit: Card actually arrived the same day (9th working day)
I received mine this morning - 8 days (6 working days) after acceptance of my application.
Tandem have now halted offering the Cashback Card - there is a new ‘member card’ coming soon.
Can anyone give a rough insight into wait times?
Not really. I believe they are now signing up people who registered interest ages ago for their beta after having had a hiatus in their rollout.
Finally got my Jaja card - someone from them is definitely reading this post and has reached out to me directly with a TestFlight invite.
I am pretty impressed to be honest, the onboarding process was smooth, asked me for some details, did a credit check and opened the card (which I can use immediately online while the physical one arrives - no mobile payments yet though). The entire process (including the credit check, which a lot of companies for some reason take up to a day to reach a decision) took less than a minute if we omit the time it takes to read the documents & agreements.
Surprisingly they gave me a decent credit limit despite my credit report containing nothing but 2 defaults (from a shitty telecoms provider) and an old Capital One card I barely used (though always paid off in full so no defaults there). The limit they gave me is actually more than double the Capital One limit which I don’t quite get as I always assumed they’d be way more conservative in their lending than an established lender.
The bad:
- There’s still a 12£ charge if you miss a payment which smells legacy and is only there to profit off the poor or less financially-savvy who make a mistake.
- The terms & conditions and credit information documents are PDFs which you have to zoom in to actually read - not ideal for a mobile bank. PDFs are nice if they e-mail them to you for your records but for a mobile bank why not present it in a mobile-friendly way?
- WTF is that reaction when I say no to their marketing spam?
- Mandatory Touch-ID or passcode (5 digit one which is a bit unusual) for opening the app. Not happy about that one for sure.
Overall quite happy with it, I’ll wait for the physical card and then do some Christmas shopping on it to see how the merchant data stands up to Monzo & Starling. Also curious to see how incoming payments are managed, whether they’re applied immediately to your balance (if you pay it off via bank transfer) or if it takes time, and whether there’s still a default charge when a pending DD is returned despite the balance being paid off in full beforehand (had that happen with Capital one, paid it off via FPS and cancelled the DD on the bank’s side, still got a default charge, though refunded when I called CS and explained the situation).
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Hi nice one on getting a card, merchant data is nowhere near up to monzo starling standard, I believe they are working on merchant logos, when you make a payment of the balance it updates straight away 
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I have a few apps which are 5 digits. Although most are 6 now. Very few are 4.
Jaja just posted saying:
Please note that we have now briefly paused the process for issuing new cards and will resume again in January, until everyone in the waiting list has been sent their invitation.
How do you check your position in the queue?
Same initial thoughts/observations after one day of use:
Online, Chip and Pin, and contactless transactions all worked immediately without any need to call a number to activate.
Instant notifications working well
Key positives for me when compared to Amex (currently my primary credit card):
- Money is immediately presented as spent with balance changed immediately (like Monzo). I prefer this over what most other banks and credit cards do (including Amex) which is to differentiate pending and cleared transactions in balance and transaction list.
- Ability to search transactions. Not available with Amex.
- Ability to freeze and unfreeze card in-app. Not available with Amex.
Key areas to improve:
- Transaction enrichment is weak compared to Monzo. There seems to be auto-categorisation as well as ability to manually add tags. But no merchant icons, no parsing of transaction names to actual merchant names (at least not for me), and no ability to add notes to transactions. In case anyone from Jaja is reading, the ability to add notes is the one I really want.
- No Apple Pay or Google Pay support.
- I don’t see a telephone number in the app or on the card. Will be disappointed if customer service is limited to in-app chat.
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Please see here;
Context: I invested a token £50 in last round and don’t have a card. Email 
received today 24/12/2019:
Dear Jaja Finance Investors,
Exciting news from Jaja: earlier this year Jaja obtained significant investment from a consortium of private institutional investors, including the KKR private equity group.
As you’re an existing shareholder through Seedrs, you automatically have access to the new pre-emption campaign.
Please note that the most recent fundraising round involved a restructuring of the group entities in JaJa Finance.
Existing Seedrs investors will continue to hold shares in JaJa Finance’s original holding company, Jaja Finance Holding AS, incorporated in Norway. However, due to the restructuring that occurred, investors exercising their pre-emption rights will be issued further shares in the UK holding company of JaJa Finance, Jaja Finance Holding (UK) Limited.
If you participate in this funding round you will have two separate entries for Jaja in your portfolio - one for each corporate entity, with the share price for each being marked at the same valuation.
Want the same slice of the pie?
Because of the protections we put in place, you’re entitled to participate in the new round on a pro rata basis. So, you’re entitled to purchase enough new shares to maintain your current percentage shareholding in the company. Or in other words, if you want to, you have the right to buy enough further shares in the company so that you keep hold of the exact same percentage stake in the company as you have right now.
Here’s the key information you’ll need to consider:
Key Details of the New Round
- Target Raise: £20,000,000
- Pre-money valuation: £30,092,844
- Share price: £1.29
Your Pre-emption Rights
Although the company has issued shares on the basis of an investment of just over £20,000,000 in cash, we’ve calculated your minimum participation rights on the basis of the number of shares plus warrants issued in this round, which if done on a cash basis would equal approximately £40,700,000, and would entitle you to subscribe for:
- 68 share(s)
- at an aggregate price of £87.72
However, you are welcome to invest more if you like.
If the aggregate pre-emption rights of the Seedrs Nominee are oversubscribed, the company may choose to scale investors back proportionately.
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