Nalo

Nalo is a digital investment platform specializing in life insurance and retirement savings solutions, enabling users to create personalized investment strategies tailored to their financial goals. Nalo is a digital investment company based in Paris, France, that offers life insurance (assurance-vie) and retirement savings plans (PER). Founded by Guillaume Piard, who has experience in the financial technology sector, Nalo recently secured EUR 1. 584 mn in funding in April 2023, shortly before Apicil Group acquired a 90% majority stake in the firm.

This investment allows Nalo to expand its operations while preserving its independence. The company has completed a total of 4 deals to date, with a current valuation of EUR 7. 156 mn. Nalo specializes in providing digital investment solutions centered around life insurance and retirement savings plans.

Their unique platform allows clients to invest with a minimum of EUR 500 and supports diverse investment projects under a single contract. Utilizing principles of behavioral finance, Nalo incorporates features like international diversification and risk management to enhance investment performance, accommodating the needs of individual investors and families across France and Europe. In 2023, Nalo generated a revenue of EUR 3,206,271. 90, with an EBITDA amount of EUR -2,239,802.

70. The company's revenue model primarily relies on management fees for its investment products, including Nalo Patrimoine and Nalo Flex, ensuring competitive pricing and low fees for clients. Collaborations with established insurance providers such as Generali and Apicil further bolster Nalo's revenue streams while providing comprehensive support to clients during their investment journeys. Following the acquisition by Apicil Group in April 2023, Nalo plans to accelerate its growth within the French digital savings market.

The recent investment will facilitate the development of new products aimed at enhancing their service offerings, although specific details on upcoming products have not been disclosed. The company aims to leverage its new funding to solidify its market presence and explore potential expansion opportunities in other European markets.