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HomeFunding London-based Wealth-Tech Platform Company Prosper Secures £3.2M in Angel Funding

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

Prosper, a wealth-tech platform firm based in London, has raised £3.2 million in angel financing. The founders of World First, Tandem, Azimo, Embark, Comply Advantage, Capital One (Matt Cooper), Monzo (Tom Blomfield), and Connect, MMC, and Portfolio Ventures all participated in the round.

Prosper, a wealth-tech platform firm based in London, has raised £3.2 million in angel financing. The founders of World First, Tandem, Azimo, Embark, Comply Advantage, Capital One (Matt Cooper), Monzo (Tom Blomfield), and Connect, MMC, and Portfolio Ventures all participated in the round.

Read also – London-based Letoon Holding Secures £20M in Funding

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.

Read also – Copenhagen-based Biotech Startup Octarine Bio Secures €4.35 Million in Funding

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.

Read also – Finnish-based Cleantech Startup SpinDrive Raises €3.8 Million in Series A Round Funding

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.

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