Nutmeg gets GBP 45 mln support led by Goldman Sachs

Wednesday 23 January 2019 10:42 CET | News

Nutmeg, the alternative investment app, has completed a GBP 45 million fundraise led by the Goldman Sachs Principal Strategic Investments Group, and Convoy, the financial advisory company.

It aims to use the funding to expand, with an international B2B plug-and-play partnership model which leverages its proprietary technology.

Convoy will help Nutmeg launch into Hong Kong later in 2019, according to the company.

This is the largest investment into a digital wealth manager in Europe, according to Nutmeg.

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Keywords: Nutmeg, Goldman Sachs, funding, investment, Europe, UK
Countries: World