Beurzbyte, a London-based financial education platform, has raised £2.2 million (US$2.7 million) in a pre-seed funding round from undisclosed angel investors.
The company said it will use the funds to develop the Beurzbyte platform and to create in-house content across financial literacy and investment intelligence.
Founded by Pedram Parhizkari and Niels Soete, Beurzbyte is on a mission to make financial education and investment insights accessible to all, with a vision to see a world where everyone makes well-informed, confident, and smarter investment decisions.
Beurzbyte is a mobile app that helps retail investors learn the ins and outs of investing and discover investment opportunities through video content. The company’s platform, Beurzbyte Learn and Beurzbyte Discover, empowers users with reliable and actionable information through creative storytelling. Beurzbyte believes that investing is about more than just well-known companies and digital assets and wants retail investors to discover opportunities based on their interests.
Beurzbyte believes that in the era of universal ownership, where access to investments is expanding rapidly and the average investor is getting younger, it’s important to provide not just access, but also education, discovery, research, and intelligence. It says that many retail investors lack practical financial education, struggle to discover and research investment opportunities, and are overwhelmed by fake news and information, leading to a lack of conviction in their investment decisions.
By providing financial literacy and connecting users with tailored investment opportunities, Beurzbyte aims to help them understand their investments and make well-informed decisions, and help improve wealth creation globally.