Prosper
.avif)
Prosper was founded to maximise their members’ potential wealth. They provide pensions, investments and savings that have clear charges. And they keep them low.
Their founding members benefit from zero fee access on 30 index funds from the world's leading asset managers, zero platform fees and zero transaction fees. In the future, they will charge members a fair platform fee and low, fair and transparent fees for any other investment products we think represent great value.
The business will always be run with a lean team so that they can pass on as much value as possible to their members.
Prosper founder and CEO Nick Perrett and Chairman Ricky Knox have previously worked together building Tandem Bank. The company is backed by the founders of Monzo, Capital One and Admiral and other leaders in financial services.
Capital at risk.
About the Tech
The customers they are serving, Gen X high net worth, have been ignoredand let down by the legacy wealth management industry that continuesto overcharge and under deliver. Prosper is genuinely solving thisproblem for customers who are sick of being ripped off and simply wantaccess to financial products that will build the wealth they need forlater life and for the generations to come. Prosper sees financialproducts and services as necessities that should be easy to understandand accessible.
About the Team
Diversity of experience, depth of knowledge and diversity of thinking. They are an inclusive and forward thinking group of individuals with deep experience from gaming to the arts as well as financial services. This means they bring perspectives to their customer experience that aren't usually found in personal finance.
Ricky and Nick (Chair and co-founder, CEO and co-founder) have been friends since university and colleagues since founding Tandem Bank. They have created psychological safety for the team to be able to challenge and collaborate fearlessly and this means that progress and development can take place at exceptional speed.
EWOR has been super helpful in early stages introductions and contacts. Super pitching advice and refinement.
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