nsave raises $4M in a seed funding round led by Sequoia Capital and TQ Ventures to expand safe financial services for individuals in distressed economies.

nsave, a Swiss fintech company, has raised $4 million in its first round of funding. The round was co-led by Sequoia Capital and TQ Ventures with participation from Y Combinator, SV Angel, ACE Ventures, and FONGIT. The funding will be used to expand nsave’s infrastructure and scale its successful beta pilot to thousands of additional customers, aiming to provide inclusive financial services to individuals in distressed economies.