5 years ago
Nude Raises £3.3 Million to Help First-Time Buyers Save for Their Homes
Nude, a UK fintech startup focused on helping people save for their first home, has successfully raised £3.3 million through a Seedrs campaign, exceeding 96% of its target
The company's mission is to simplify the home-buying process and make it more accessible for first-time buyers
Nude's innovative savings account, financial coach, and app provide aspiring homeowners with the tools and guidance they need to save faster and achieve their homeownership goals
The company has secured backing from the government's Future Fund and plans to apply for a banking license to launch its own mortgage products, further solidifying its position as a leading player in the fintech space.
ProblemFinancial Services
"The current home-buying process is outdated and unfair, making it difficult for first-time buyers to save for and purchase a home."
Solution
"Nude offers a new savings account, financial coach, and app designed to help aspiring homeowners better understand their finances and the home-buying process, enabling them to save faster and buy their home sooner."