Wealth app Finary raises €25m in Series B led by PayPal

September 22, 2025

Finary, a wealth management platform in hypergrowth and profitable since 2024, has raised €25m in a Series B funding round led by PayPal Ventures.

The round also drew support from LocalGlobe, Hedosophia, Shapers, and existing investors Y Combinator and Speedinvest, with Axel Weber, former president of the German central bank and ex-chairman of UBS, and Harsh Sinha, CTO of Wise, also joining the round.

Founded in 2021 by CEO Mounir Laggoune, who is also a best-selling author, Finary has quickly positioned itself as a major investment app in France and Europe. The company has ambitions to reach €5bn in assets under management within the next three years.

The platform allows individuals to centralise their financial holdings, optimise portfolios with AI-driven tools, and access low-cost, high-performing investment products. With its transparency-first model, Finary has already attracted over half a million French households looking for financial independence.

The fresh funding will support five growth priorities: the launch of new financial products, expansion of Finary One (its private wealth service), further integration of AI into wealth tools, strengthening its European market presence, and recruiting over 50 new employees.

The company is also advancing its product line with AI agents and plans to roll out brokerage accounts, savings accounts, retirement solutions, and new asset class offerings.

Finary CEO and co-founder Mounir Laggoune said, “At Finary, our approach fundamentally rethinks wealth management to lead with technology, transparency, and independence. Our users are at the heart of everything we do, and our mission is to help them take back control of their finances with a straightforward, all-in-one app.

“As we expand our App, our technology will enable millions of Europeans to invest with a tailor-made service previously reserved for a privileged few.”

PayPal Ventures partner Alex Bottenbruch said, “We’re proud to support Finary and have been impressed by their innovative approach to wealth management and investing. With its simple, transparent, and low-cost platform, Finary is enabling French investors to take control of their savings – and grow their holdings by rethinking their investment strategy. We see tremendous growth potential as the company looks to replicate this success across Europe.”