London-based Wombat, a mobile-only investment app, has raised £2M (approx €2.2M) in its Seed round of funding led by Fuel Ventures. With this funding, the company aims to help serve its consumers’ increasing need for share investing. The company has raised about £2.7M (approx €3M) to date.
Speaking about the platform, Kane Harrison, founder of Wombat says, “Some of the world’s most successful investors, like Warren Buffett, invest in companies and brands they know, use, and understand. We want everyone to have that same mindset. This is why we focus on helping people own a part of those companies they have an affinity with. I for one am a massive fan of Elon Musk, Wombat makes it easy for me to be part of Tesla’s successful journey at a minimal cost.”