nsave Launches Investment Platform

Jan. 11, 2025 /Mpelembe Media/ —  nsave, a fintech company founded by former Rhodes Scholars, launched an investment platform offering safe, compliant overseas accounts and investments to individuals in high-inflation economies. This platform provides access to US equities, ETFs, and soon, funds, aiming to protect and grow wealth for those facing financial exclusion. The company secured $18 million in Series A funding from investors including TQ Ventures, Sequoia Capital, and Y Combinator. nsave operates from London and Geneva, partnering with regulated financial institutions to ensure compliance and security. The platform targets young professionals and others whose savings are at risk due to economic instability.

nsave’s platform addresses the market need for secure and compliant financial solutions for individuals in countries with high inflation or economic uncertainty. These individuals often face financial exclusion and difficulty in accessing traditional investment services.

Here’s how nsave addresses this:

Protection from Inflation: nsave offers accounts in more stable currencies, such as dollars, sterling, or euros, providing a way to protect savings from the effects of high inflation in their home countries.

Access to Investment Opportunities: The platform enables customers to access US equities, ETFs, and soon, funds managed by large asset managers. This allows customers to grow their wealth rather than just protect it.

Safe and Compliant Accounts: nsave works with regulated financial institutions and banking partners in the UK and Switzerland to provide safe and compliant accounts. This ensures that customers’ funds are protected.

Democratisation of Offshore Services: nsave democratises offshore services, making them available to a broader range of people affected by high inflation or economic instability. This includes young professionals moving abroad who may face exclusionary compliance processes.

Compliance-by-Design: nsave’s compliance-by-design approach enables them to offer services to more people safely. They believe that an individual’s passport should not determine their access to financial services. need:

By addressing these needs, nsave aims to create a more inclusive financial system.

nsave offers its customers the opportunity to invest in US equities and ETFs, with plans to soon include funds managed by some of the world’s largest asset managers. These investment options are available via the nsave app, following onboarding and compliance checks. The platform aims to provide access to trusted investment services securely, particularly for customers who may not have had such opportunities before. By providing these investment options, nsave seeks to enable customers to grow their wealth, rather than just protect it.