Nucoro (acquired by Backbase)

Nucoro is a UK-based startup founded in 2019, specializing in providing **easy-to-use** savings and investment platforms for financial institutions. Their **cloud-native and API-based** technology enables the rapid development of digital savings, investment, and wealth management propositions. Nucoro's flexible, modular platform allows firms to actualize their digital vision by creating personalized and automated propositions that evolve with their customers, thereby enhancing profitability. Covering automated investing, stock trading, hybrid advisory, and digital wealth management, Nucoro is positioned as an essential component for any future digital investment proposition. The company recently received a significant **€16.50M** investment in a Seed Round on **03 July 2018**, with backing from **Ariane De Rothschild** and **EtsFactory**. Nucoro's platform aims to empower financial institutions in thriving amidst the digital age, offering the potential for substantial growth and impact within the finance, financial services, and wealth management industries.