Hammock, a U.K. fintech/proptech helping landlords and property manages gain better oversight on the financial health of their rental properties, has raised £1 million in seed funding as it readies the launch of a current account. Backing comes from Fuel Ventures and Ascension Ventures, joining existing investors that include Founders Factory and various unnamed angels. Hammock was incubated within Founders Factory Studio and in the last 12 months has on-boarded more than 1,700 managed properties onto its platform, tracking over £7 million in rent. “At a practical level, we want…
