A Zurich-based financial technology startup has reached $1bn in valuation.
In Brief:
- Numbrs Personal Finance rasied $40mn in its latest funding round.
- It will use the new capital to expand beyond Germany.
- The business offers an app where users can manage all their different bank accounts in one place and buy financial products.
What does this mean?
The business has mainly raised finance from private investment, having gained a total of $200mn to date from around 50 individuals and families.
