Burges Salmon helps Fintech entrepreneurs prosper

Burges Salmon helps Fintech entrepreneurs prosper

Niall Mackle

Burges Salmon has advised on a multi-million-pound funding round to support the launch of the new low-cost digital wealth platform, Prosper.

The firm’s fintech team, led by Edinburgh-based associate Niall Mackle and partner Alex Lloyd, advised Prosper on its pre-seed fundraising.

Investors included leading fintech figures, including Monzo’s co-founder Tom Blomfield, ComplyAdvantage executive chair Charles Delingpole, and Capital One’s co-founder and former Octopus and Tandem chair Matt Cooper.

Mr Mackle said: “It has been a pleasure to work with Nick and the wider team on this significant fundraising round to enable the launch of their wealth challenger app Prosper.

“The platform is an ambitious move to revolutionise the traditional wealth management industry and we look forward to working again with Prosper as it continues on its upward growth trajectory.”

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