Goal based investing platform Fountain raises first seed round

by Startacus Admin

Fountain, a London based fintech startup aiming to make investment advice more accessible and empower people to achieve their financial goals, has secured it's first seed round.
A goal based investing platform, Fountain was born only a few months ago by former Citigroup traders Dann Bibas and Nishil Parekh with a vision to digitize the advisory process and offer bespoke investment plans that revolve around people’s goals. Put more simply - they realised that investment advice hadn't adapted to the needs of the smartphone generation. Dann wrote more generally about the fintech revolution for Startacus only a few months ago - and we are delighted to see this seed investment come to fruition so quickly.Using smart tech to build investment plans that can help you reach your goals more effectively, by automating the advice

Their tech reviews your objectives and how much you can put aside, and offers personalized investment plans that you can put into action. By continuing to collect data on their customers needs, robo-advisors evolve with them, becoming smarter, more personalized and ultimately more helpful. Instead of confusing acronyms like ISAs, LISAs and SIPPs- Fountain demystifies the jargon.
The investment round was led by Patrick Day, chairman of Day Cooper Day, a specialist pensions provider who had this to say about the investment: “Current financial advice offerings have struggled to keep pace with the rapidly changing needs of the smartphone generation. Fountain will bring a leap forward in the market.”
Dann Bibas, co-founder, commented “The future looks very bright for Fountain, we’re simplifying investing at a time when the UK consumer is embracing new technologies to grow their hard earned money”.
They will use this seed round to invest in technology, growth and work towards their FCA license. Congrats Dann, Nishil, and all the team at Fountain.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...

Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.

Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.

Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.

SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.

41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.

Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.

Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future

A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated

Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 22nd November 2017
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.