Wealth management firm set to Prosper with new funding

Quick Summary:

Wealth management platform Prosper has raised £4m in a round led by Fuel Ventures with participation from existing investors.

The platform, which has over £200m in assets under administration, will use the funds to rapidly scale its customer base, build out its AI product and launch its private market investment offering.

Prosper is said to be at the forefront of transforming wealth management by combining innovative technology with expert financial insights.

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Article Details

Author / Journalist: Patrick Killeen

Category: InvestingBusiness

Markets: United Kingdom

Topics: FinTech Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 08:50:28 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 248 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 25624613

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Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Update Frequency: 7 posts per day

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #61

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