NuWealth
Latest round
- Series A
Last raised
- Apr 2022
Total raised
- $8.2M
Investors
- 1
About NuWealth
Founded in 2017, NuWealth Ltd operates from London, UK, offering innovative investment solutions. In September 2024, Quilter agreed to acquire NuWealth Ltd from Monese Ltd and Fuel Ventures, though financial terms were not disclosed. The company was established by founders Grayson Hill, Henry Kurtze, and Kane Harrison, with Kane Harrison serving as the current CEO. The core product offerings include a General Investment Account (GIA), Stocks and Shares Individual Savings Account (ISA), and Junior Stocks and Shares ISA (JISA), allowing users to invest in a wide array of stocks, themed funds, and ETFs, starting from just GBP 10. The application facilitates easy access to investments across various global markets, including the UK, EU, and US, targeting a diverse client base interested in building wealth through both traditional and innovative assets.70, reflecting the company's focus on growth and user acquisition rather than immediate profitability. Revenue generation primarily occurs through a subscription-based model, charging a nominal fee of GBP 2 per month for its Standard plan, which grants users unrestricted access to all available investment funds.NuWealth is poised for growth following its acquisition by Quilter in September 2024, which aims to bolster product innovation and expand its business offerings. The company plans to launch new investment products tailored to meet the demands of a broader market by 2025. Additionally, it is targeting expansion into new geographic regions, specifically aiming to reach customers in the EU and US markets by the end of 2025.
Who invested in NuWealth
1 investor across 2 rounds
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Questions about NuWealth
Who invested in NuWealth?
NuWealth has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has NuWealth raised?
NuWealth has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did NuWealth last raise money?
NuWealth's most recent round on record is a Series A, in Apr 2022.
What does NuWealth do?
Founded in 2017, NuWealth Ltd operates from London, UK, offering innovative investment solutions.
Where is NuWealth headquartered?
NuWealth is headquartered in London, UK.
Which VCs invest in companies like NuWealth?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at NuWealth's stage. Their profiles are linked below.
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