See other companies on Welcome to the Jungle
nsave
Savings accounts for people in distressed economies
- 1-20 employees
- Fintech
- B2C
- Financial Services
- City Centre, Oxford, UK
Jump to section
Company mission
To enable everyone, everywhere to save money securely.
Our take
In distressed economies, it can be extremely hard for citizens to maintain savings accounts; with issues such as hidden fees, fraud, delays to access money, unstable exchange rates and many more being abundant amongst local banks and account options. nSave, also known as Masref, provides offshore US dollar savings accounts for people in these economies, allowing them to build wealth in a safer economy and avoid fees and losses.
The people that nSave aims to serve represent a huge untapped financial services market. Offshore Swiss bank accounts are of course well-known, mostly for their tax efficiency, but typically must be opened physically and with large initial deposits. nSave allows users to open these USD accounts with a smartphone and a passport, with immediate access to building savings, and is being built to comply with Swiss regulations meaning that users can be safe in the knowledge that their money has the highest levels of security.
NSave has raised promising funds that will go towards accelerating the development of its product, including by hiring additional talent.
Steph
Company Specialist at Welcome to the Jungle
Leadership
Amer Baroudi
(Co-founder & CEO)Former Researcher at the Blavatnik School of Government, University of Oxford. Co-Founder of Humans in the Loop. Founder and former Managing Director of MIRROR&PARTNERS.
Edward Yee
(Co-founder)Co-Founder of Givfunds Social Ventures, and Founding Partner at IxSA. Former Consultant, with previous experience in Systems Mapping.
Abdallah AbuHashem
(Co-founder & CTO)Former Full Stack Engineer at Neo.Tax. Previously a Painting with Code Intern at Lumos.