NEXTBLUE Invests €4.7 Million in UnitPlus, a Neo Asset Manager Transforming Cash Management for SMEs
NEXTBLUE has invested in UnitPlus, the Berlin-based WealthTech startup redefining capital management through innovative AI-driven financial solutions. This €4.7 million seed funding round, led by UK VC Pact, includes participation from other prominent financial investors such as Seed X, Material Ventures, and notable business angels from Europe’s FinTech sector.
As a next-generation asset manager, UnitPlus meets a critical need in today’s volatile financial landscape, where effective liquidity management is a challenge for many businesses. Their solution offers small and medium-sized enterprises (SMEs) advanced treasury tools previously only accessible to large corporations. Through UnitPlus Business, a new virtual “capital market CFO,” SMEs can now optimize cash flow, strategize investments, and manage risk in dynamic interest rate environments. Earlier this year, UnitPlus surpassed €100 million in assets under management (AUM), reflecting a remarkable 134% increase in the first half of 2024 alone—underscoring strong market demand for agile, AI-powered financial solutions..
The new funding will fuel the development of an AI-driven savings plan that customizes monthly contributions in real time to align with each user’s unique financial situation. This product embodies UnitPlus’s mission to democratize wealth-building by delivering personalized, impactful financial management solutions to both individuals and businesses.
Vincent Tan, Partner at NEXTBLUE, shared: “UnitPlus is redefining capital management by expanding access to investment products that genuinely empower. Given their achievements to date with a lean, focused team, I am deeply impressed by their dedication and look forward to seeing how they execute their ambitious vision for accessible and intelligent finance in this next growth phase. Their commitment to financial inclusivity aligns with our vision for an empowered and equitable financial landscape.”
Fabian Mohr, Co-Founder of UnitPlus, added: “We’re thrilled to welcome NEXTBLUE to our circle of investors. Their strong focus on product development, commitment to solving real-world problems, and extensive network make them an invaluable addition to our team.”