04 December 2023

New UK FinTech start-up Kaldi aims to help millennials and Gen-Z save and invest

Written By FinTech Alliance in Banking

New UK FinTech start-up Kaldi aims to help millennials and Gen-Z save and invest

Kaldi, a new UK-based FinTech start-up with the goal of helping Gen Z and millennials “save earlier and better”, is gearing up for launch in early 2024.

In brief:

- Incorporated in 2021 and headquartered in London, Kaldi has been co-founded by Mark Watson, who serves as CEO, and Justin White, COO.

-  The app will also offer financial education resources and money management tools, allowing users to set up savings goals and learn

- Kaldi claims to have raised over £1.5 million in pre-seed funding from investors including SFC Capital, The British Business Bank and Woodside Holdings, alongside support funding from Mastercard.

What does this mean?

Through what it says will be an “easy-to-understand” savings and investment app, Kaldi hopes to encourage the younger generations to start saving and investing by providing solutions that are convenient and suited to modern lifestyles.

Read more here.

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