4 years ago
Wombat Raises £2 Million in Seed Funding to Simplify Investing for Consumers
London-based Wombat, a thematic and curated fractional investment platform, has raised £2 million in seed funding from Fuel Ventures and other angel investors
The company plans to use the funds to improve its product, expand its team, and double down on marketing.
ProblemFinancial Services
"making investing more accessible and affordable for everyone, especially novice investors, by allowing them to invest in fractional shares of large companies like Apple, Tesla, and Netflix."
Solution
"Wombat offers a mobile-first investment platform that allows users to invest in fractional shares of large companies, making it easier and more affordable for people to invest in the companies they know and use. They also offer curated themes that are designed to match people's lifestyles and interests, making it easier for people to find investments that align with their values."