Family-focused fintech Unest raises $26 million
- Date: 25-Nov-2021
- Source: Finextra
- Sector:Financial Services
- Country:Middle East
Family-focused fintech Unest raises $26 million
Source: UNest
UNest, a fintech company that helps parents invest and save for their kids’ future, today announced it has raised $26 million in Series B funding led by The Artemis Fund with participation from Northwestern Mutual Future Ventures, Franklin Templeton, AltaIR Capital, Launchpad Capital, OneWay Ventures and Unlock Venture Partners, among others.
The company will use the financing to fuel continued growth and the launch of new features such as UNest Legacy, which will allow parents to buy individual stocks and cryptocurrencies for their children.
This latest round caps an exceptional year during which the company received its broker-dealer license, established a partnership with PayPal, added over 300,000 users, and welcomed NBA All-Star Baron Davis, Laura Dern, and Hannah Simone as brand ambassadors. UNest also acquired two fintech companies, Littlefund and Kidfund. These events solidify UNest’s position as the market leader in the family savings space.
“UNest is addressing an important investment and advice gap,” said Jennifer Ball,
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