Prosper secures £3.2m in angel funding from prominent fintech figures to build its wealth-tech platform.
The angel round included contributions from high-profile fintech founders such as Tom Blomfield and Matt Cooper.
Prosper is a wealthtech platform that provides high cash interest rates, zero-fee index funds, and access to private market investments. The company aims to remove traditional high fees from wealth management for its members.
Prosper has secured £3.2m in an angel round featuring backing from prominent figures including Tom Blomfield and Matt Cooper. The fresh capital will support the company as it builds its consumer-focused wealth management platform.
The venture was established by seasoned fintech operators from Tandem, Azimo, and Nutmeg. The platform intends to tackle hidden investment costs and expand access to private market opportunities for everyday consumers.
From the founder
"Most people are totally unaware of what they are paying to have their money managed nor that these costs can literally cut their future wealth in half,"
Nick Perrett
CEO at Prosper
Investors
Tom Blomfield
Matt Cooper
Monzo
Capital One
World First
Tandem
Azimo
Embark
Comply Advantage
Connect
MMC
Portfolio Ventures