Nucoro

London, United Kingdom Founded: 2016 • Age: 10 yrs Acquired By Backbase
Wealth management solutions for businesses are provided by Nucoro.
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About Nucoro

Nucoro is a company based in London (United Kingdom) founded in 2016 by Lennart Asshoff was acquired by Backbase in June 2023.. The company has 13 employees as of December 31, 2021. Nucoro offers products and services including Engagement Banking Platform and Integration Platform-as-a-Service. Nucoro operates in a competitive market with competitors including Quantifeed, PINTEC, Fount, AQUMON and InvestSuite, among others.

  • Headquarter London, United Kingdom
  • Employees 13 as on 31 Dec, 2021
  • Founders Lennart Asshoff
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nucoro Limited
  • Date of Incorporation 02 Jul, 2019
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
    $497.02 K (USD)
    -53
    as on Dec 31, 2022
  • Net Profit
    $-1.7 M (USD)
    -832
    as on Dec 31, 2022
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    13

    as on Dec 31, 2021

  • Acquired by
    Backbase

    (Jun 15, 2023)

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Products & Services of Nucoro

Nucoro offers a comprehensive portfolio of products and services, including Engagement Banking Platform and Integration Platform-as-a-Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Unified platform for enhancing bank customer experiences and services.

Facilitates connections between banking systems and fintech solutions.

People of Nucoro
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Hugo André Ferreira
Head of Business Development - Continental Europe
People
Adam Mora Tortajada
Django/Python - Backend Developer
People
Alejandro Romo Astorga
Lead Devops Engineer
People
Dani Checa
Front-End UI Developer

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Funding Insights of Nucoro

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nucoro

Nucoro has secured backing from 1 investor. Prominent investors backing the company include Backbase. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
AI-powered banking platforms are provided for operational growth.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nucoro

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nucoro

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nucoro Comparisons

Employees
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Competitors of Nucoro

Nucoro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Quantifeed, PINTEC, Fount, AQUMON and InvestSuite, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
White-label robo-advisory solutions are offered for wealth management firms.
domain founded_year HQ Location
Retail financial solutions are provided to institutions and clients.
domain founded_year HQ Location
Asset management services are provided by Fount for financial freedom.
domain founded_year HQ Location
White-label robo advisors are provided to financial advisors.
domain founded_year HQ Location
White-label robo-advisors and wealth management solutions are provided.
domain founded_year HQ Location
White-label robo-advisor solution
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nucoro

Frequently Asked Questions about Nucoro

When was Nucoro founded?

Nucoro was founded in 2016.

Where is Nucoro located?

Nucoro is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of Nucoro?

Lennart Asshoff is the current CEO of Nucoro. They have also founded this company.

How many employees does Nucoro have?

As of Dec 31, 2021, the latest employee count at Nucoro is 13.

What is the annual revenue of Nucoro?

Annual revenue of Nucoro is $497.02K as on Dec 31, 2022.

What does Nucoro do?

Nucoro was founded in 2016 and is based in London, United Kingdom. Wealth management solutions are delivered to businesses in the financial sector, encompassing portfolio management, client onboarding, regulatory reporting, and reconciliation processes. A white-label robo-advisor is included for investment management needs, supporting operational efficiency in advisory services.

Who are the top competitors of Nucoro?

Nucoro's top competitors include PINTEC, Bambu and InvestSuite.

What products or services does Nucoro offer?

Nucoro offers Engagement Banking Platform and Integration Platform-as-a-Service.

Who are Nucoro's investors?

Nucoro has 1 investor. Key investors include Backbase.

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