3 years ago

Fintech Startup Nous Secures $9 Million to Combat Cost of Living Crisis

  • London-based fintech startup Nous has raised $9 million in a seed funding round led by Mosaic Ventures

  • The platform aggregates cost of living data, providing users with a real-time dashboard of their household finances and alerting them to price hikes

  • Nous aims to help users save money on expenses like energy, insurance, and broadband

  • The funding will be used to further develop the platform and expand its user base.

      • ProblemFinancial Services

      "UK households face an unprecedented cost of living squeeze, with rising expenses for essentials like energy, insurance, and broadband making it difficult to manage finances effectively."

      Solution

      "Nous offers a real-time personalized dashboard that aggregates cost of living data, monitors vendor prices for abnormal increases, and helps consumers save money by leveraging collective bargaining power and providing insights to make informed financial decisions."

      Covered on