London based financial digital assistant for Gen-Z raised $44m in Series B funding led by EQT Ventures.
In addition, the company will expand its operations in the U.S., including building out executive and product teams in San Francisco. “When we launched in the U.S it became quickly apparent that it would be our dominant market,” says the Cleo founder. “We were signing up about 1,000 users per day in the U.K. at the time. After [just] a week, we were at 10,000 per day in the U.S. and kept growing”.