Nosso is a startup offering investment accounts for children that allow multiple family members to contribute and share memories. Founded in 2020, the company has taken a unique approach to addressing children's financial needs. Parents can easily manage and track their child's investment account, while grandparents and additional family members can offer support through a unique contribution link. This innovative approach eliminates the need for additional paperwork or an account with Nosso. In addition to offering investment accounts, Nosso enables family members to leave messages and pictures with their contributions, providing a way to impart memories and wealth to future generations.
The company recently secured a £2.10M Seed Round investment at 28 February 2022, with backing from notable investors such as Anthemis Group, Octopus Ventures, Entrepreneur First, Errol Damelin, Peter Hetherington, Tracy Doree, and Ventures Together. Nosso currently allows parents to invest in tax-efficient Junior ISAs in the child's name or General Investment Accounts in the parent's name. The startup also has plans to launch additional financial products, such as more flexible Junior Investment Accounts, to further cater to the needs of families in financial planning.
As the company continues to grow and expand its offerings, it presents a compelling opportunity for investors seeking to support innovative fintech solutions that address crucial aspects of family financial planning and wealth management.