Clearwater International advises nudge on its investment from Kennet Partners
Clearwater International has advised nudge, a market leading global financial wellbeing platform, on its investment from global growth equity firm Kennet Partners (Kennet) to expand its global operations.
nudge provides a SaaS platform focused on enhancing the financial wellbeing of individuals across 50 countries. It is addressing a rapidly growing demand for employee wellbeing solutions as it becomes a higher priority for organisations. This focus was a growing trend before COVID-19 with a recognition that employee wellbeing directly contributes to productivity, but it has rapidly accelerated since, largely due to the increased pressures on employees from the uncertain economic environment, home-working and the associated impacts of the pandemic.
Kennet, a global growth equity firm that has backed high-growth companies in Europe and North America, has provided nudge with investment to accelerate its global expansion. This partnership enables nudge to develop the financial skills and knowledge of millions of more people globally, including the US with a local solution.