nsave offers trusted dollar, sterling and euro accounts abroad to people from countries with high inflation, working with regulated financial institutions and banking partners in the UK and Switzerland. The company has launched an investment product that lets customers access US equities, ETFs and, soon, funds managed by major asset managers via the nsave app, subject to onboarding and compliance checks. nsave targets young professionals facing exclusionary compliance processes and people from high-inflation economies seeking to protect and grow their savings. The business emphasizes a compliance-by-design approach to enable services safely and more broadly. nsave is led by founders Amer Baroudi and Abdallah AbuHashem and is based in London and Geneva. The company recently completed a notable financing to accelerate growth. nsave is a Swiss fintech founded in 2022 by Amer Baroudi and Abdallah AbuHashem that helps people in countries with unstable banking sectors or high inflation open offshore accounts. Its product provides trusted accounts denominated in dollar, euro or pound through partnerships with regulated financial institutions. Users sign up on an app and complete an onboarding journey that includes risk assessment and dynamic, automated enhanced due diligence when required. The company uses a proprietary transaction‑monitoring tool to comply with Swiss anti‑money laundering and counter‑terrorist financing regulations. nsave is live but in the early stages of product development and plans to double down on the savings and wealth side of retail banking. The team is targeting millions of people in distressed economies, citing examples such as Lebanon where inflation and currency devaluation have eroded savings.

Total raised

$22M

Funding rounds

2

Latest round

Series A

Latest activity

Jan 2025