Breaking Down Borders: nsave Revolutionizes Global Investment Access
In a move set to transform the financial landscape, fintech company nsave has unveiled a cutting-edge investment platform designed to empower individuals in high-inflation countries. This innovative solution provides secure access to global financial opportunities, shielding wealth from economic instability.
Protecting and Growing Wealth
nsave’s platform offers trusted accounts in US dollars, sterling, or euros, allowing users to invest in US equities, ETFs, and soon, funds managed by established asset managers. This service is delivered through the nsave app, subject to rigorous compliance checks. By doing so, nsave is bridging the gap between individuals and global financial markets, fostering financial security and inclusion.
A Boost from Series A Funding
The launch of nsave’s investment platform coincides with the company’s successful $18m Series A funding round, led by TQ Ventures and supported by prominent investors such as Sequoia Capital, Y Combinator, ACE Ventures, and the Proton Foundation. This injection of capital will fuel further growth and innovation, solidifying nsave’s position as a leader in the fintech industry.
Partnerships for Progress
nsave collaborates with regulated financial institutions in the United Kingdom and Switzerland to provide offshore accounts tailored to individuals excluded from traditional banking systems. This includes young professionals relocating abroad and those from high-inflation economies seeking to safeguard their life assets.
A Vision for Financial Inclusion
Founded by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem, nsave remains committed to improving financial security and inclusion for millions of people worldwide. CEO Baroudi emphasized, “Our goal is not only to protect everyday people’s wealth but to enable them to grow it, too.” By offering trusted investment services securely, nsave is breaking down barriers and creating a more inclusive financial system.
Industry Insights
TQ Ventures co-founder and co-managing partner, Schuster Tanger, praised nsave’s unique approach, stating, “nsave is tapping into a massive market of individuals underserved by existing financial services who need secure, stable financial solutions.” With its compliance-by-design approach, nsave is poised to revolutionize the fintech industry and create a brighter financial future for all.
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