
Launch year: 2017
Country: France
Tags: Fintech, Roboinvesting
Categories: Asset / Wealth Management, Insurance
Funds raised: 2 000 000 EUROS
Nalo is a robo-advisor based financial investment and life insurance tool
Concept description
Nalo specializes in financial investment advice and tailor-made pilot life insurance:
- Characterized by tailor-made multiproject management
- Rely on a robot-advisor able to analyze large amounts of data to choose the best solution according to the client’s needs but also to constantly adapt to his situation
- Able to reduce costs by automating tasks with low added value via this robot
- Based on a questionnaire that clients must fill out and that they can edit depending on the situation so that the investment can be constantly adapted
- Also has financial advisers
- Fees are two to three times lower than traditional players
- Access to a range of index funds in stocks and corporate bonds
- Investment also possible in portfolios of eco-responsible companies
Value proposition
Nalo is a life insurance with unique features:
- Individualized management: no standard profiles (defensive, balanced, offensive), each saver is unique and Nalo adapts their investments to their financial situation and their objectives.
- Multi-project envelop: Retirement, apartment, children’s studies … Possibility to organize your assets within the same single life insurance, and to make transfers in three clicks, free of charge and without taxation.
- Progressive security: Progressive security of the investment according to the investment horizon
- Less fees, more efficiency: Nalo is 2 times cheaper than a traditional bank, private or online. Investment vehicles have the lowest costs and are transparent.