Education technology platform Female Invest has secured a £3.3 million investment.

The organisation aims to empower women by boosting their understanding of personal finance and investing.

Female Invest has members across 67 countries – with the UK being the fastest growing market – and an online community of 150,000 women.

Female Invest was founded in 2019 by Emma Due Bitz, Camilla Falkenberg, and Anna-Sophie Hartvigsen, who were inspired by their own experiences of attending personal finance educational events at which women were largely absent, and their subsequent discovery of the unaddressed gender disparity in investments and savings.

“Women are falling financially behind in every single country in the world,” said Female Invest co-founder, Anna-Sophie Hartvigsen. “They are earning less, saving less and then - with what money they have - they are investing less.

“Our job at Female Invest is to close that gap as quickly and helpfully as possible.”

Co-founder, Camilla Falkenberg, outlined the need to reinvent the paradigm of how young women experience financial advice: “When it comes to money-saving insights, the internet is filled with sites which advise young women on how to save money on beauty, clothes, food and going out. Yet, when it comes to making money, there is almost nothing on helping women make their money grow through investments. Female Invest fills this gap.”

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