London, United Kingdom
Neverless, a startup founded in 2022 by former Revolut executives, is making strides as the world's first fee-free cryptocurrency trading platform. Based in the United Kingdom, it also offers automated hedge-fund strategies, tailored for retail investors.
Distinctively regulated in the EU, the company positions itself as an "institutional-grade platform to grow your cash & crypto." This unique offering appeals especially to novice investors seeking a seamless entry into the crypto market without the burden of traditional trading fees.
The startup has garnered significant backing from high-profile investors such as Lakestar, Connect Ventures, and Nordstar. It secured a $6.70M Seed investment as of 01 August 2024, highlighting investor confidence in its innovative business model.
For those monitoring fintech developments, Neverless represents a promising player combining regulation compliance with disruptive fee structures—making it an attractive investment opportunity in the burgeoning cryptocurrency arena.
