Leading the round was Peter Thiel-founded  Valar Ventures. The $40-million Series B funding comes on the back of one of Europe’s largest-ever seed rounds of $10 million pre-product in 2021 and $40-million in a Series A round in March this year. The company’s earlier investors include early backers of N26, Wise and co-founder of Freetrade.

Founded in 2022 by Benjamin Chemla, François Ruty, and Harjas Singh, the UK-based company offers a ‘social trading’ platform aimed at first-time investors.