Nutmeg’s series D now above $50m

We are delighted to share the news that Nutmeg have added an additional £12m to its series D round, taking the total amount raised to £42m. This is equivocal to just over $51m based on today's rate of exchange.

The £12m was led by Taipei's Fubon Bank. Announced in late December 2016, it became the UK's second largest fintech investment of the year, and the largest ever for an online wealth manager outside the USA.

Congratulations to CEO Martin Stead and the Nutmeg team!

Coverage of the investment here

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