[Funding alert] London-based Wealth-Tech Platform Company Prosper Secures £3.2M in Angel Funding

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The funds will be used by the company to grow both its operations and its clientele. Founded by Phil Bungey of Nutmeg, Ricky Knox of Tandem and Azimo, and Nick Perrett of digital bank Tandem.

Knox, previously the CEO and co-founder of Tandem Bank, shared with AltFi that Prosper aims to be the "TransferWise of wealth management," aiming to drastically cut the standard fees in the industry.

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Prosper is a wealth-tech platform which gives access to alternative private market investments and provides zero cost index funds from major asset managers.

About Prosper

Prosper is available to assist you in organising your life savings. Money on the queue. Because investments might lose value or increase in value, so you could not earn back the same amount as you invested.

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If you need a specific suggestion or are not clear whether a particular investment is suitable, you should consult with a professionally competent financial adviser.