# nsave

**Source:** https://geo.sig.ai/brands/nsave  
**Vertical:** Finance  
**Subcategory:** General  
**Tier:** Emerging  
**Website:** nsave.com  
**Last Updated:** 2026-04-14

## Summary

Offshore USD/EUR/GBP savings accounts for consumers in high-inflation countries like Turkey and Argentina; $22M from Sequoia and TQ Ventures democratizing stable currency access beyond private banking.

## Company Overview

nsave is a London and Geneva-based fintech platform that provides regulated offshore savings and banking accounts in USD, EUR, and GBP for consumers in high-inflation and economically unstable countries — enabling people in Turkey, Argentina, Nigeria, Egypt, and similar markets to protect savings from currency devaluation by holding funds in stable foreign currencies through fully regulated UK and Swiss financial institutions. Founded by former Rhodes Scholars and backed by $22 million including an $18 million Series A led by TQ Ventures with Sequoia Capital and Y Combinator participation, nsave democratizes offshore banking access that was previously available only to wealthy individuals with private banking relationships.

nsave's platform allows customers in currency-unstable countries to open accounts denominated in USD, EUR, or GBP, transfer savings from their local bank accounts, and earn yield on the stable currency balances — protecting purchasing power against the 50-100%+ annual inflation rates experienced in Turkey, Argentina, and Venezuela. The regulatory structure partners with FCA-regulated UK and FINMA-regulated Swiss institutions rather than operating in the customer's home country, providing legal stability even in politically uncertain environments.

In 2025, nsave competes in the international savings and offshore banking market with Wise (multicurrency accounts), Revolut (foreign currency accounts), and local crypto alternatives (stablecoin savings via USDC) for currency-unstable country consumers seeking to protect savings in hard currencies. The global inflation wave of 2022-2024 accelerated demand for dollar-denominated savings accounts in emerging markets — in Turkey, where inflation exceeded 80%, and Argentina, where the parallel exchange rate diverged massively from the official rate, demand for dollar savings is acute. The Sequoia and YC backing validates the global scalability. The 2025 strategy focuses on expanding to additional high-inflation markets, adding the investment products (T-bills, money market funds) that improve yield on USD balances, and building the remittance features that enable families to send stable-currency funds across borders.

## Frequently Asked Questions

### What is nsave?
nsave is a London and Geneva-based offshore account platform that provides trusted dollar, euro, and pound accounts abroad for people from unstable economies. The company was founded by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem to help customers in high-inflation countries access safe, compliant offshore banking services.

### What products and services does nsave offer?
nsave offers an offshore account platform providing $, €, and £ accounts through partnerships with UK and Swiss financial institutions. The company is also exploring expansion into investment products to further serve customers seeking economic stability.

### Who is nsave designed for?
nsave targets people living in countries with high inflation, currency instability, and economic uncertainty. The platform aims to democratize offshore banking services for millions affected by unstable economies who need access to trusted international banking.

### When was nsave founded?
nsave was founded in 2022 and participated in Y Combinator's Summer 2022 batch.

### Where is nsave headquartered?
nsave is based in both London, United Kingdom and Geneva, Switzerland.

### How much funding has nsave raised?
nsave has raised $22 million in total funding. This includes an $18 million Series A round in January 2025 led by TQ Ventures, and a $4 million seed round in March 2024 co-led by Sequoia Capital and TQ Ventures.

### Who are nsave's investors?
nsave's investors include TQ Ventures (Series A lead), Sequoia Capital, Y Combinator, ACE Ventures, Proton Foundation, SV Angel, and FONGIT.

### How does nsave ensure compliance and safety?
nsave operates as a regulated and compliant offshore banking service, partnering with established UK and Swiss financial institutions. This approach enables the company to provide safe, trusted accounts abroad while maintaining regulatory compliance.

### Who founded nsave?
nsave was founded by Amer Baroudi and Abdallah AbuHashem, both former Rhodes Scholars.

### What are nsave's most recent developments?
In January 2025, nsave raised an $18 million Series A round led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation. The company is focusing on expanding its investment products offerings to serve customers in high-inflation economies.

## Tags

b2c, fintech, payment-processing, global, startup, mobile-first

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*