nsave Raises $18M Series A

nsave, a Swiss-based offshore banking platform, secured $18 million in Series A funding to expand its financial services for underbanked populations. The company specializes in providing international accounts, global transfers, and saving products to users previously excluded from stable foreign currency systems.

Investors

Sequoia Capital, Y Combinator, and TQ Ventures.

nsave Use of Funds

The company is using its capital to expand its global fintech infrastructure, including the development of compliance, fraud controls, sanctions screening, and transaction monitoring systems that allow it to provide international USD, GBP, and EUR accounts to underserved markets, including Syria.

About nsave

Founded by Amer Baroudi, nsave is a fintech company focused on providing financial dignity to underbanked individuals by offering access to international banking tools and global financial systems.

Funding Details

Company Website: https://nsave.com

Company: nsave
Raised: $18M
Round: Series A
Funding Date: January 13, 2025
Lead Investor: Sequoia Capital, Y Combinator, TQ Ventures
Software Category: Fintech
Source: https://www.finextra.com/newsarticle/47759/nsave-to-offer-syrians-international-usd-accounts