Nude is a UK fintech founded last year in Glasgow that provides a savings account, financial coach and mobile app to help would-be homeowners better understand their finances and the home-buying process. The product is designed to help users save for and buy their first home faster, targeting younger generations who faced recent economic uncertainty. The startup launched a Seedrs crowdfunding campaign and has attracted institutional backing from the government’s Future Fund. Previously Nude raised £1.7 million in growth capital and received an innovation grant from Scottish Enterprise in 2019. The company says it eventually plans to apply for a banking licence to launch Nude mortgages. No revenue or user metrics were disclosed in the article.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2020