Nutmeg posts £19.3m loss in 2021

28% increase in loss

clock • 2 min read
Nutmeg's figures in 2020 showed shrinking losses to 15.1mn
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Nutmeg's figures in 2020 showed shrinking losses to 15.1mn

Digital wealth manager Nutmeg made a loss of £19.3m in its last financial year, according to its latest financial results.

Figures in 2020 showed losses pre-tax losses shrunk to £15.1m from £22m in 2019. The so-called 'robo-adviser's' loss for 2018 was £18.4m. Revenue in 2021 grew by 70% compared to 2020, while clie...

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