5 years ago

Gen Z Financial Assistant Cleo Secures £33.2M Series B Funding

  • London-based fintech startup Cleo has raised £33.2 million in a Series B funding round led by EQT Ventures

  • The digital financial assistant, designed for Gen Z and Millennials, will use the funding to expand its US operations, improve credit features, and develop personalized spending plans

  • Cleo aims to help young people navigate financial challenges and achieve financial stability.

      • ProblemFinancial Services

      "Gen-Z often struggles to manage their finances effectively, lacking accessible and engaging tools that cater to their needs and financial realities."

      Solution

      "Cleo is a friendly AI-powered financial assistant app designed specifically for Gen-Z, providing personalized insights, budgeting tools, and financial education to help them make better financial decisions."

      Covered on