martin stead
Martin Stead, chief executive officer at Nutmeg.
Jane Imrie

Investment platform to offer customers ownership with crowdfund campaign

London based digital wealth platform Nutmeg has announced plans to offer share ownership to its customers through a crowdfund campaign later this year.

Working with equity platform Crowdcube, the online investment company will give eligible customers the opportunity to invest alongside existing shareholding firms like Convoy, Taipei Fubon Bank, Goldman Sachs and Balderton Capita.

The digital platform offers investments across a range of portfolios, with an aim to “democratise wealth management” by offering solutions for all budgets.

Founded in 2012, the startup is now transitioning into a scaleup business with international expansion at the forefront of its plans.

In addition to launching in new global markets, the investments made in the crowdfunding campaign, launching this summer, will be used to enhance Nutmeg’s existing proposition for UK customers.

Martin Stead, chief executive officer at Nutmeg, explained: “Nutmeg was the first digital wealth manager to launch in Europe and now we’re opening up ownership of our business to give eligible customers the opportunity to invest alongside institutional investors, venture capitalists and leading entrepreneurs.

“We’ve come a long way since we launched in 2012. We’ve grown from a trailblazing start-up to a full-scale digital wealth manager. Now, we want to give eligible Nutmeg customers the chance to share in our success – it’s the least we could do, since they’re the reason we’ve got this far.”

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