The round was led by Octopus Ventures with participation from Seedcamp and Semantic to support app development and regulatory approval.
"Most retail investors have two options to build wealth: settle for passive portfolios or try to time the market and pick stocks and crypto themselves without access to the training, tools and information needed to do this effectively. This funding will allow us to build a modern app-based investment service that gives customers the same professional expertise that only high-net-worth individuals are used to. We’ve already got a stellar team in place, and we’re now excited to be working towards regulatory approval to launch over the coming months."
The pre-seed round was led by Blockchain Founders Fund with participation from UOB Venture Management and other firms.
"When it comes to retail asset management services, we have a different way of approaching the market. Our team is on a mission to enable a new way in which wealth can be built and distributed amongst friends and communities over time."
The pre-seed round comes from a group of angel investors.
"We set out to champion the underserved microbusiness community and change the face of the insurance industry and are incredibly proud to have the backing of experienced investors that truly believe in our vision. Our skills in the use of technology in the insurance industry and innate strategic, scaling and execution capabilities are significant assets on our journey to better serve today’s microbusiness owners. They combine with our passion for innovation, creativity, building teams, and our purpose – to make business insurance fairer, smarter, and human."
The London based payments curation platform has raised £5m from a syndicate led by Hambro Perks to scale its technology.
"Very early in our journey we recognised there was a real challenge in how growing businesses navigate the fragmented global payments ecosystem – much like in the consumer market there has been a great unbundling of financial services that has improved choice but created greater complexity. We believe the answer to this is curation and not orchestration – a deeper set of connections that can support not only complex payment flows, but those same flows across multiple geographies and payment types. We are thrilled that this vision resonated with such a prestigious group of investors and industry leaders."