mattrvest

Finances/fintech Sustainability Social entrepreneurship Artificial intelligence

Project description

THE PROBLEM Despite solutions available to invest, 58% of young working adults in the EU continue to save via their savings accounts. While lack of knowhow, guidance and personalisation are key barriers to invest, the opportunity to have sustainable options can be a key driver. THE SOLUTION As identified in the problem statement above, mattrvest wants to lower these barriers for young working adults while ensuring sustainable financial planning journeys for everyone. We empower young working adults in the EU (starting with 18mn of them in Germany and Belgium) to make better and planet friendly decisions with their money and achieve financial wellness. Our platform uses a combination of conversational tech and proprietary matching algorithms to design personalised and sustainable financial planning journeys for young working adults in the EU. Depending on your profile, requirements and values we match you with the right platform or a responsible financial advisor to kickstart your journey to start investing sustainably. HOW IT WORKS Our platform helps you choose and design your own journey. Depending on your preferences, choose a financial advisor or use a digital platform to make your first step towards investing. Throughout your journey our matching algorithms ensure that you are matched with the right options based on your financial situation, your requirements as well as your values. Our business model comprises making revenue via affiliate marketing or lead generation fee from our partners. In the future we also aim to launch a subscription offering for businesses to offer to their employees as a financial wellness benefit. INVESTMENT THESIS ● Experienced co-founding team with good understanding of sustainable consumer and complementary skill set ● Pre-seed opportunity to invest in a platform focused on a rapidly growing sector (€ 34tn sustainable finance market) with a tremendous potential for growth and exit opportunities in the next 5-10 years ● Independent platform with no product selling bias; trusted by users ● Early traction with an engaged community and generating revenues by Oct 2020 ● Backed by a global Venture Capital firm - Antler

Issue addressed by the project

Despite solutions available to invest, 58% of young working adults in the EU continue to save via their savings accounts. While lack of knowhow, guidance and personalisation are key barriers to invest, the opportunity to have sustainable options can be a key driver.

Solution(s) brought by the project

    Project need(s)

    • Funding
    One of our workshops on sustainable finance

    Event(s) in which the project participated