nsave, a provider of compliant accounts for people in high inflation countries, has launched an investment product to help customers protect and grow their wealth.
The company also raised $18 million in Series A funding, led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation.
Based in London and Geneva, nsave was founded by Amer Baroudi and Abdallah AbuHashem to democratise access to secure financial services.
Through partnerships with regulated institutions in the UK and Switzerland, nsave offers offshore accounts with access to US equities, ETFs, and soon, funds from major asset managers.
CEO Amer Baroudi said,
“Our vision is to not only protect people’s wealth but to help them grow it. We believe your passport shouldn’t determine your path to prosperity.”
“For some of our customers, this is the first time they can access trusted investment services securely. We believe your passport shouldn’t determine your path to prosperity. Our compliance-by-design approach enables us to offer services safely to many more people.”
Featured image credit: edited from nsave
