Albert raises £100m in new funding

FinTech Albert has secured $100m in a funding round led by General Atlantic.

CapitalG, Portag3 and QED also supported the raise that brought the total invested into Albert to $173m, according to Yahoo! Finance.

Albert most recently raised $50m in its Series B funding round, led by CapitalG, in March 2020.

The company will use the new cash injection to grow the business and keep developing the services for its customers.

Albert is set up to help people better manage their financial lives by offering automated and personalised advice about their finances.

Copyright © 2021 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.