Nutmeg posts £15m loss in 2020

Robo-adviser remains unprofitable but losses shrink

clock • 1 min read
Robo-adviser Nutmeg posts £15m loss in 2020
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Robo-adviser Nutmeg posts £15m loss in 2020

Digital wealth manager Nutmeg made a loss of £15.1m last year, according to its financial results for 2020.

Nutmeg saw pre-tax losses widen to £22m in 2019 from £18.4m in 2018, however, latest figures show its losses are shrinking. The robo-adviser's loss for 2020 was an improvement on the previous year's...

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