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== History ==
== History ==
Fluentify was founded in February 2013 and launched into public beta in May 2013. The same month, the company was selected to join London-based Accelerator Academy for three months of training. In March 2014, Fluentify announced that it had raised $410k in angel funding from the banker Stefano Marsaglia.<ref>{{cite news|title=Language Learning Platform Fluentify Takes In $410K Angel Investment|url=https://techcrunch.com/2014/03/31/fluentify-angel/|publisher=TechCrunch|accessdate=31 July 2014|date=31 March 2014}}</ref> Marsaglia is a prominent M&A banker, currently the co-head of corporate and investment banking at [[Mediobanca]],<ref>{{cite news|title=Mediobanca Names Barclays' Marsaglia Investment Banking Co-Head|url=https://www.bloomberg.com/news/2013-12-03/mediobanca-names-barclays-marsaglia-investment-banking-co-head.html|publisher=Bloomberg}}</ref><ref>{{cite news|title=Mediobanca hires veteran adviser to expand European operations|url=http://www.ft.com/cms/s/0/f3aff70c-5b72-11e3-a2ba-00144feabdc0.html|publisher=Financial Times}}</ref> [[Italy]]’s biggest publicly traded [[investment bank]].<ref>{{cite news|title=A little less tangled, Italian finance is at last being reshaped|url=https://www.economist.com/news/finance-and-economics/21580156-italian-finance-last-being-reshaped-little-less-tangled|publisher=The Economist}}</ref>
Fluentify was founded in February 2013 and launched into public beta in May 2013. The same month, the company was selected to join London-based Accelerator Academy for three months of training. In March 2014, Fluentify announced that it had raised $410k in angel funding from the banker Stefano Marsaglia.<ref>{{cite news|title=Language Learning Platform Fluentify Takes In $410K Angel Investment|url=https://techcrunch.com/2014/03/31/fluentify-angel/|publisher=TechCrunch|accessdate=31 July 2014|date=31 March 2014}}</ref> Marsaglia is a prominent M&A banker, currently the co-head of corporate and investment banking at [[Mediobanca]],<ref>{{cite news|title=Mediobanca Names Barclays' Marsaglia Investment Banking Co-Head|url=https://www.bloomberg.com/news/2013-12-03/mediobanca-names-barclays-marsaglia-investment-banking-co-head.html|publisher=Bloomberg}}</ref><ref>{{cite news|title=Mediobanca hires veteran adviser to expand European operations|url=http://www.ft.com/cms/s/0/f3aff70c-5b72-11e3-a2ba-00144feabdc0.html|publisher=Financial Times}}</ref> [[Italy]]’s biggest publicly traded [[investment bank]].<ref>{{cite news|title=A little less tangled, Italian finance is at last being reshaped|url=https://www.economist.com/news/finance-and-economics/21580156-italian-finance-last-being-reshaped-little-less-tangled|publisher=The Economist}}</ref>
Fluentify and the founders have received the attention of the media in Italy. In April 2014, the two founders of the company were invited to be a guest on the TV show Che Tempo Che FA, one of the most famous programs in Italy organized by Fabio Fazio.


==Business model==
==Business model==

Revision as of 05:24, 7 September 2022

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Fluentify is an online language tutoring website. Founded in 2013 and headquartered in London, United Kingdom, the company is privately owned and operated by Fluentify LTD.[1] The platform offers online language classes with selected native speakers.

History

Fluentify was founded in February 2013 and launched into public beta in May 2013. The same month, the company was selected to join London-based Accelerator Academy for three months of training. In March 2014, Fluentify announced that it had raised $410k in angel funding from the banker Stefano Marsaglia.[2] Marsaglia is a prominent M&A banker, currently the co-head of corporate and investment banking at Mediobanca,[3][4] Italy’s biggest publicly traded investment bank.[5]

Fluentify and the founders have received the attention of the media in Italy. In April 2014, the two founders of the company were invited to be a guest on the TV show Che Tempo Che FA, one of the most famous programs in Italy organized by Fabio Fazio.

Business model

Fluentify scales by increasing the number of students and tutors and matching them with each other.[6] The company claims that top tutors can earn up to £2,500 per month.[7][8]

References