2 years ago

Wealth Tech Startup Prosper Raises £1 Million in Crowdfunding

  • Prosper, a UK-based wealth tech startup backed by Monzo co-founder Tom Blomfield, has successfully raised £1 million in a crowdfunding campaign

  • This follows a recent £3.2 million pre-seed round, bringing the company's pre-money valuation to £12.1 million

  • Prosper offers investments, zero-fee index funds, and cash interest, aiming to disrupt the savings and investment market with its technology-driven approach.

      • ProblemFinancial Services

      "Traditional savings and investment options often come with high fees, limited access, and a lack of personalized advice, making it difficult for individuals to grow their wealth effectively."

      Solution

      "Prosper offers a digital platform that provides access to investments, zero-fee index funds, and cash interest, all managed with the help of AI-powered financial advice, making wealth management more accessible and affordable."

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