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Wealthtech start-up Nucoro reshapes its business

January 26, 2023

Founded in 2019, Nucoro provides a cloud-native platform for financial institutions to build digital savings, investment, and wealth management propositions.

It raised $19.2 million in a seed funding round, according to Crunchbase.

In summer 2021, Nucoro agreed to sell its Exo Investing platform – and the predecessor to Nucoro – to wealth management heavyweight abrdn (formerly Standard Life Aberdeen).

Exo Investing allows customers to create personalised portfolios based on their risk profile and preferences. At the time of the announcement, abrdn planned to use Exo Investing to offer 24/7 digital wealth management via an app.

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