Tumelo, a retail investing focused FinTech, has raised $19mn in its Series A round.
In Brief:
Tumelo enables retail investors to get more transparency over what they’re investing in and express their views.
It’s technology is used by Legal & General, Aviva Investors, Fidelity and more.
The Series A round involved Fidelity International Strategic Ventures, Legal & General, Nucleus and more.
What does this mean?
The funding will be used to build out the Tumelo platform and expand the products into new markets like the US and Australia.
