Nalo
Nalo is a French fintech robo-advisor offering a digital wealth management platform for individual French investors. It provides ETF-based life insurance (assurance-vie), PER pensions, and structured products under a proprietary goal-based "Multiprojets" technology, charging roughly 1.60% in AUM fees.
- Company typePrivate
- Founded2016
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Nalo does
Nalo is a French fintech robo-advisor founded in 2016 and headquartered at 10 rue de Penthièvre in Paris's 8th arrondissement. The company operates a digital wealth management platform targeting individual French investors seeking to organize savings across multiple life objectives (retirement, real estate, children's education, career transitions). At the core of the platform is a proprietary goal-based investing technology branded "Multiprojets," which the company describes as unique in France. It allows a single investor to allocate capital across multiple sub-projects within one life insurance envelope, with each project receiving a tailored ETF-based portfolio whose risk exposure automatically de-risks as the target date approaches (progressive securization). Investment methodology is described as drawing on behavioral-finance principles and Nobel-laureate portfolio theory.
The product suite comprises three core insurance envelopes — Nalo Patrimoine (multi-support life insurance backed by Generali Vie), Nalo PER (individual pension plan backed by APICIL Epargne Retraite, compliant with French law n°2019-486), and Nalo Flex (flexible life insurance backed by APICIL Epargne). Adjacent modules include Nalo Rivage 3 (structured capital-protected product), Nalo Gestion Privée (premium advisory tier with access to private bankers, fiscal lawyers, notaries, and equity investor groups), Nalo Académie (free financial education courses), the PER Transfer Service, and various savings/succession simulators. All contracts are digital-first, supported by free human advisor access via chat, phone, and in-person meetings.
Nalo monetizes exclusively via quarterly management fees on assets under management, averaging 1.60% — positioned as 2-3x lower than the 3-5% charged by traditional French banks — with no entry, transaction, switching, or deposit fees. The company is registered with ORIAS (#16002555) under the ANACOFI-COURTAGE association and supervised by the ACPR. As of December 31, 2025, Nalo reported 600M€ in AUM and 22,000+ investors served, against a stated objective of surpassing 1B€ in AUM. Following an April 2023 capital increase led by Mandalore Partners, Groupe APICIL (the 3rd largest French social protection group, founded 1938) became the majority shareholder, with Nalo operating as a member of the APICIL group while retaining its brand and operational focus on the French consumer market (explicitly excluding US and UK residents).
Nalo firmographics
Firmographics- Name
- Nalo
- Legal name
- NALO SAS
- Website
- https://nalo.fr
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Nalo is a French fintech robo-advisor offering a digital wealth management platform for individual French investors. It provides ETF-based life insurance (assurance-vie), PER pensions, and structured products under a proprietary goal-based "Multiprojets" technology, charging roughly 1.60% in AUM fees.
- Ownership category
- akta.pro rank
Nalo industry classification
Industry- Product category
- Digital Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Direct-to-Consumer Robo-Advisors (Retail Automated Portfolios) (FSAGAEAA)
- akta.pro secondary industries
- Digital/Hybrid RIAs (Robo-Enabled, Tech-Forward) (FSAAACAJ), Digital/Hybrid Robo-Wealth & Retirement Advisory (FSAEABAK), Digital/Hybrid Private Wealth (Robo-Enabled HNW Service) (FSAAABAO)
Keywords
Where Nalo is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Nalo business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Management Fees (Frais de Gestion): Nalo charges quarterly management fees on assets under management. Fees are 2-3 times lower than traditional banks, averaging 1.60% according to the website. No entry fees, no transaction fees, no subscription fees for the platform itself. Revenue is generated entirely from the percentage charged on managed assets, aligning Nalo's incentives with client portfolio growth.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Average management fee of 1.60% on assets under management, collected quarterly |
| Hybrid | Monthly | Nalo Gestion Privée - premium advisory service with free access to private advisors and external expert network |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Nalo product offering
Product offeringCore offering
Nalo operates a digital robo-advisory platform that delivers automated, ETF-based wealth management to French individual investors through three insurance-backed products: Nalo Patrimoine life insurance, Nalo PER retirement savings plan, and Nalo Flex life insurance. The platform's core capability is its proprietary Multiprojets technology, which partitions a single contract into multiple goal-based portfolios (retirement, real estate, education, etc.), each with a personalized allocation and progressive risk de-risking as the target horizon approaches. Pricing is asset-based management fees averaging 1.60% of AUM, with the service available both as fully digital self-serve and through complimentary human private advisors.
Product overview
Nalo is a French fintech robo-advisor offering a digital savings and investment management platform. The core offering consists of three main financial products: Nalo Patrimoine (life insurance in ETF), Nalo PER (pension savings plan), and Nalo Flex (flexible life insurance), all backed by insurance partners Generali and APICIL. The platform's centerpiece is its proprietary Multiprojets technology, which enables goal-based investing by allowing users to create multiple personalized investment projects within a single contract. Additional services include Nalo Académie (free financial education), Nalo Gestion Privée (premium advisory services), and various digital simulators for savings and succession planning. The company positions itself as combining academic financial research, innovative technology, and human expert advisory.
Differentiator
Problem solved
Functional benefit
Products and services
- Nalo Patrimoine Multi-support individual life insurance contract (assurance-vie) insured by Generali Vie, offering ETF-based investment management with automated portfolio rebalancing for French individual investors seeking to organize wealth across multiple life projects.
- Nalo PER Individual Pension Savings Plan (Plan d'Epargne Retraite, PER) compliant with French law no. 2019-486, insured by APICIL Epargne Retraite, offering euro and/or unit-linked investment options for retirement preparation with tax optimization benefits.
- Nalo Flex Individual life insurance contract insured by APICIL Epargne, providing flexible savings and investment management for French individual investors.
- Nalo Rivage 3 Structured investment product offering capital protection features for investors seeking balanced risk-return profiles through Nalo's structured products offering.
- Nalo Gestion Privee Premium wealth management service offering access to private bankers from prestigious private banks, plus a curated network of fiscal lawyers, notaries, and equity investor groups, for high-net-worth French clients requiring complex wealth and estate planning support.
- PER Transfer Service Service enabling clients to transfer existing pension contracts from prior providers into the Nalo PER product.
Quantifiable outcome
- Average annual return of 9% on 100% equities allocation from December 31, 2018 to December 31, 2025 (Nalo Patrimoine life insurance, classic and eco-responsible versions)
- +4 more outcomes
Companies that use Nalo
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles2 records
Nalo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Nalo partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Generali ViecoreGenerali Vie, the 3rd largest European insurer, provides the insurance backing for the Nalo Patrimoine multi-support individual life insurance contract. Generali is covered by the Fonds de Garantie des Assurances de Personnes (FGAP).
- APICIL Epargne RetraitecoreAPICIL Epargne Retraite provides the insurance backing for the Nalo PER (Plan d'Epargne Retraite) individual pension plan, a collective contract compliant with French law n deg 2019-486 of May 22, 2019, denominated in euros and/or units of account.
- APICIL EpargnecoreAPICIL Epargne provides the insurance backing for the Nalo Flex individual life insurance contract.
- Welcome to the JungleminorRecruitment platform used for publishing job offers and receiving job applications.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Nalo competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Nalo social profiles
Digital presenceNalo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nalo leadership team
Management profileNumber of profiles
Profiles3 records
Nalo funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nalo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nalo
What does Nalo do?
Nalo operates a digital robo-advisory platform that delivers automated, ETF-based wealth management to French individual investors through three insurance-backed products: Nalo Patrimoine life insurance, Nalo PER retirement savings plan, and Nalo Flex life insurance. The platform's core capability is its proprietary Multiprojets technology, which partitions a single contract into multiple goal-based portfolios (retirement, real estate, education, etc.), each with a personalized allocation and progressive risk de-risking as the target horizon approaches. Pricing is asset-based management fees averaging 1.60% of AUM, with the service available both as fully digital self-serve and through complimentary human private advisors.
Is Nalo a public or private company?
Nalo is a private company. It is classified as corporate owned and is currently operating.
When was Nalo founded?
Nalo was founded in 2016. It employs 11 to 50 people.
Where is Nalo based?
Nalo is headquartered in Paris, France, in the Europe region.
How does Nalo make money?
One revenue line is on record: management Fees (Frais de Gestion).
Does Nalo have an API?
No public API is recorded for Nalo.
What industry is Nalo in?
Nalo's product category is Digital Wealth Management. Its primary akta.pro industry code is FSAGAEAA, Direct-to-Consumer Robo-Advisors (Retail Automated Portfolios), with a secondary code of FSAAACAJ, Digital/Hybrid RIAs (Robo-Enabled, Tech-Forward). Its NAICS code is 523940 and its SIC code is 6282.