Prosper Savings Limited, a Wealthtech platform that serves high-net-worth individuals, is raising money on Crowdcube.
Part of a broader funding round, launched 12 March 2026 and closing 30 April 2026, so far 221 investors have committed £343,680. The company is raising equity capital at a pre-money valuation of £30,464,190. Importantly, the offering is EIS qualified and holds key tax benefits for investors.
The offering page indicates it is raising £3m in funding led by Fuel Ventures. In the past, Prosper has raised over £11 million from investors.
In June 2024, money was raised on Crowdcube at a pre-money valuation of £13 million.
Prosper reports annual run-rate revenue growth of 7.3x over the past 12 months. Assets under administration has doubled to £500 million alongside customers which now number around 16,000.
Prosper describes its business as “building a HNW customer champion brand by offering customers access to public funds at zero cost, leading private market funds and the best rates on their cash, with AI-powered financial planning in beta.”
Currently, the company generates revenue by retaining interest on cash that remains uninvested in investment products and on cash held in the Prosper Wallet. Prosper may also receive a share of the interest paid by partner banks on savings products.
The new money will be used to boost customer acquisition and expand private markets while developing an AI-powered estate planning tool.
Prosper was founded by Nick Perrett, a co-founder of Tandem Bank; Ricky Knox, former Tandem Bank CEO; and Phillip Bungey, former Nutmeg COO.
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