JPMorgan Chase and Eldridge join the investor group to extend the company's latest funding round.
"I’m delighted to welcome JPMorgan Chase and Eldridge to our world-class group of investors as we continue to strengthen and expand our local and alternative payment capabilities,"
The London based personal money app secured the capital as part of a £6.1m seed round.
"A significant proportion of the UK population would like to be involved in cryptocurrencies, but face barriers in terms of being able to transact confidently and knowledgeably in a safe, familiar environment. We address these barriers to participation and empower everybody to take part in the new era of digital currencies. Working with AIN has given us unparalleled access to world class strategic investors and a streamlined fundraising process. This will allow us to accelerate growth and continue focusing on building the best product we can for our customers."
Left Lane Capital led the round with participation from L Catterton and Draper Esprit.
"This is a transformational investment that will supercharge our mission to get everyone investing. It’s painful to see millions of investors across Europe stuck paying high fees and bogged down by complex terms and conditions. The costs of offering essential services like share dealing are simply not justifiable and erode valuable returns. Everyone already invests their time and their money on a daily basis, but there is so much more that millions can be doing to get the most out of their money. We are committed to helping everyone to achieve better financial outcomes."