47. Nucoro

Nucoro is the cloud based savings and investment platform that ensures financial institutions are attracting and retaining customers

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Founder: Lennart Asshoff, Nikolai Hack
Founded: 2019
Website: nucoro.com

If you haven’t already heard, the FinTech industry is a pretty big deal. So big in fact, that revenue forecasts from the last five years have increased at an annual rate of 8%, reaching around £10.7bn in 2020.

Despite the lucrative nature of fintech, many customers are still without access to innovative, easy-to-use, digital services, as financial institutions wrestle with complex legacy systems and internal processes, leaving them behind the times.

This is where Nucoro’s platform comes in, to pull these financial institutions into the 21st century with its flexible, modular, cloud system, helping businesses build automated workflows and flexible products during the entire client cycle.

Nucoro helps pull financial institutions into the 21st century with its flexible, modular, cloud system, helping businesses build automated workflows and flexible products.

What’s clever about Nucoro is its modular suite of features, which make it seamless to create powerful digital experiences for existing and potential clients. This allows banks to be as agile as fintech companies and build multiple propositions (features) that can easily be tested, adapted, and scaled depending on customer needs.

Financial institutions can create digital tools to offer better services for their customers, including automated saving, goal-based saving and investing including proposing the right product for your goals, and stock trading. Nucoro even offers a financial planning feature for financial institutions to take advantage of. Which enables customers to plan for key life stages and events using simulation and forecasting.

The business's advisory board is made up of the same team that powered a 20-year partnership between asset management firm ETS Asset Management Factory and Compagnie Benjamin de Rothschild.

While only established in 2019, Nucoro has already stacked up an impressive track record and certainly earns its place on our list. Its advisory board is made up of the same team that powered a 20-year partnership between asset management firm ETS Asset Management Factory and Compagnie Benjamin de Rothschild. It also has offices in London, Madrid, and Geneva.

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Ross has been writing for Startups since 2021, specialising in telephone systems, digital marketing, payroll, and sustainable business. He also runs the successful entrepreneur section of the website.

Having graduated with a Masters in Journalism, Ross went on to write for Conde Nast Traveller and the NME, before moving in to the world of business journalism.

Ross has been involved in startups from a young age, and has a keen eye for exciting, innovative new businesses. Follow him on his Twitter - @startupsross for helpful business tips.

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