WealthTech NAO receives 3.4 million euros in seed financing round

Berlin, December 9, 2024 - The WealthTech NAO (https://www.investnao.com/) Secures fresh capital of 3.4 million euros in a seed financing round. In keeping with the background of NAO founder and CEO Robin Binder, the round is led by a family office of a Swiss private investor. Other family offices and private investors are completing the financing round in addition to existing investors such as Zeitgeist X. The fresh capital supports the Berlin-based fintech's vision of building the leading platform for private and alternative investments in Europe.

‍NAO makes private market investments socially acceptable

‍With its innovative co-investment approach, NAO enables investments in alternative asset classes starting at 1,000 euros with just three clicks. FinTech thus provides easy, fully digital access to alternative investments such as private equity, infrastructure or hedge funds, which are otherwise only available to very wealthy and institutional investors. This creates alternative asset classes for sustainable and diversified wealth creation. NAO founder and CEO Robin Binder explains: “Everyone should be able to invest in alternative asset classes such as private equity as easily as in stocks or ETFs. That is why we developed the first broker for private and alternative investments. The Trust of Our Investors helps us to make our vision come true. With this financial injection, we want to attract even more top asset managers as partners, expand our customer base internationally and use our technology to make a hitherto illiquid market liquid.”

“Alternative investments are the bread and butter business of successful investors. NAO's approach of combining private market investments with the functionality and user experience of leading neobrokers is a brilliant and overdue idea. I am convinced that with its 'digital-first approach, 'NAO is developing completely new potential in the generation of 'financial self-decisions, '” explains investor and FinTech veteran Jakob Schreyer (orderbird) from VC Zeitgeist X Ventures. “The NAO team's track record so far is really impressive. I am proud to support this pioneering work from day one with Zeitgeist X and am looking forward to the next milestones.”

‍Expansion of the platform to include new products and European expansion firmly in focus

‍The Berlin-based company specialized in private and alternative market investments is active on the German market since mid-2023 and in Austria since August 2024. Several thousand customers now use the NAO investment app and invest an average of around 10,000 euros. The fresh capital is used to further develop the platform, deepen the product range and further customer growth. Expansion into other European markets is also on the roadmap.Users can access five different asset classes from renowned banks and asset managers, such as FERI, UniCredit, UBS and Vontobel invest. NAO recently expanded its offering with B2B solutions for venture capital investments: To this end, FinTech is cooperating with Chartered Investment, a leading financial technology company in the area of financial solutions.

‍About NAO

‍NAO Is a novel co-investment platform — the family office for your pocket. The mission of the NAO founding team led by Robin Binder, Philipp Nowakowski and Amel Hasanovic is to liberalize investments and help people build up wealth over the long term. In the NAO app, investors will find carefully selected and exclusive investment opportunities that were previously only available to a small financial elite. NAO was founded in Berlin in 2022 and cooperates with renowned banks and asset managers such as Baader Bank, Chartered Investments, FERI, UniCredit, UBS and Vontobel.