👵 👴 Excited to share that Skarlett has raised an €8M seed round to support seniors in navigating their financial lives! Over the past two years, it’s been a pleasure backing this brilliant team: Townley Le Guénédal, Aurélien Gouttefarde and Benjamin Gaignault are building a comprehensive financial marketplace serving over 60 people —from equity release and tailored savings to health insurance—. At a time when Europe faces mounting demographic and economic pressures, Skarlett brings clarity and confidence to a generation often underserved. The team’s consumer-first mindset is exactly what this complex and sensitive space needs—restoring simplicity, transparency, and agency to millions of seniors. And we are super happy to welcome 115K and Damien Launoy onboard, with Thibaut Schlaeppi from RAISE 🫶 On a broader note, I wanted to deep-dive a bit into one under-explored tool in this space: equity release. A topic that deserves a bit more attention in Europe: 🔹 25% of Europeans are over 60—expected to reach 30% by 2035 🔹 70% of seniors own their home, yet most of that value remains untapped 🔹 Equity release markets: $8B in the UK, $7B in the US, $4B in Canada… but still < $1B in France, Germany, and Spain Despite the need, equity release remains underutilized and often misunderstood on the continent. In France alone, the market could grow from $1B to $8B by 2033 (EY & EPPARG study, 2023). Skarlett is ideally positioned to lead the way. 📌 Link to the full article in comment: a deep dive into the equity release toolbox and the European opportunity. #AgeingEurope #EquityRelease #Pensions #Fintech #Skarlett
Soon soon on Finscale 🔥🔥🔥
Investor at Alven
4moSome thoughts on Equity release in Europe: https://medium.com/@gregoirmargaux/as-skarlett-keeps-blooming-and-supporting-seniors-across-their-financial-needs-lets-deep-dive-95402c495c30