Self- made Israeli billionaire Marius Nacht, is set to invest in a European banking app called Numbrs. Numbrs is based in Switzerland
Recently Numbrs has raised a total funding to CHF150m($160.26 million).
Marius Nacht is a self-made billionaire with net worth of $1.56 billion and is the co-founder and Chairman of the largest company in Israel, Check Point Software Technologies where he wrote the original code for cyber security. He also co- founded a health tech and life sciences venture fund called aMoon Fund. With the latest round of investment Nacht is venturing into financial sector.
According to Nacht :
“I think that both the financial sector and the health care sector are about to witness a major technological change and Numbrs has the potential to benefit from this process.”
Numbrs is a Zurich based banking app that has 7.2 billion euros ($8.7 billion) on its platform, growing over 1 billion euros in the fourth quarter of 2017. Numbrs have also received investment from Martin Saidler’s ,who is also the company’s founder, investment firm Saidler & Co. and the company is the controlling shareholder. Numbrs have also received private investment from Europe, Israel and the Investment Corporation of Dubai. Numbrs helps customers to manage their existing bank accounts and personal finances and cooperates with institutions such as Deutsche Bank Group