Financial education business Smartpurse has raised £500,000 in angel investment capital.
Prominent angel investor Jacki Zenher has taken part as well as a consortium of early investors.
Smartpurse aims to revolutionise the way money is discussed and managed by women.
Its co-founders are Jude Kelly, founder of WOW, and Olga Miler, former MD at UBS.
What does this mean?
In the face of a global recession and with all the uncertainty we have experienced over the past few months, women’s financial vulnerability has been highlighted so Smartpurse’s offering is even more relevant. The business says that the investment it has raised acknowledges the increasing need for accessible financial advice for women.