London-based family finance app Nosso secures €2.5 million to help parents plan for their childrens financial future
Summary
Fintech startup Nosso is helping parents to plan and invest for their children’s financial future, and they’ve just secured €2.5 million as part of the endeavour. And whilst this works for a certain group of people, more and more digitally native parents want a more collaborative approach to wealth management. This allows grandparents (as well as other family and friends) to contribute directly and seamlessly with no additional paperwork or even the need to open a Nosso account. Family members can also leave messages and pictures with their contributions allowing them to pass down memories as well as wealth to future generations. Tosin Agbabiaka, Octopus Ventures , commented: “We continue to see traditional firms in this space struggle to provide financial planning and wealth management solutions that address the needs of younger existing clients and a new generation of families.
Funding
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