Key European WealthTech investment stats in Q3 2025:
- European WealthTech funding dropped by 19% YoY in Q3
- UK firms secured 70% of the top 10 deals as the country dominated the European WealthTech marketplace
- Zilo, a London-based provider of cloud-native transfer agency software for asset and wealth managers, secured one of the top European WealthTech deals of the third quarter with a $27m Series A2 funding round
European WealthTech funding dropped by 19% YoY in Q3
In Q3 2025, the European WealthTech sector secured $212.6m in funding across 25 deals, marking an 19% decline from the $261.1m raised in Q3 2024.
Deal activity also contracted, falling by 24% from 33 transactions in the same quarter the previous year.
The simultaneous drop in both deal volume and funding value indicates a broad cooling of investor appetite across the region, likely influenced by continued macroeconomic uncertainty and tighter capital conditions.
While the decline was less severe on the funding side than in deal count, the overall reduction still reflects a more cautious investment climate, with investors prioritising proven business models and seeking clearer paths to profitability within the WealthTech landscape.
UK firms secured 70% of the top 10 deals as the country dominated the European WealthTech marketplace
The distribution of the top 10 deals in Q3 2025 reveals a strong concentration of activity in the UK, which captured seven of the largest investments – unchanged from its dominant position in Q3 2024.
However, the supporting country mix shifted notably.
In 2025, France, the Netherlands and the Czech Republic each secured one top deal, whereas the 2024 list included Lithuania, Switzerland and Latvia, each with a single top deal.
The consistent presence of the UK underscores its continued leadership as Europe’s primary WealthTech hub, while the rotation of other countries in and out of the top 10 highlights the evolving nature of high-value deal activity across the continent.
Zilo, a London-based provider of cloud-native transfer agency software for asset and wealth managers, secured one of the top European WealthTech deals of the third quarter with a $27m Series A2 funding round
The round was led by Portage, alongside participation from State Street, existing shareholders and management.
Founded in 2020, the firm enables financial institutions to modernise legacy and end-of-life transfer agency systems, and the latest raise follows its previous $33.8m using in January 2024, as well as a $10.6m seed round in 2022.
Zilo has continued to build strong commercial momentum, with Fidelity International adopting its Transfer Agency and Global Core solutions and State Street selecting the company earlier this year for its UK transfer agency service, while it has also expanded its platform with new Long-Term Asset Fund capabilities.
The fresh capital will support Zilo’s expansion into strategic markets and accelerate the rollout of proprietary AI-powered tools designed to enhance operational efficiency across the global asset and wealth management landscape.
Keep up with all the latest FinTech research here
Copyright © 2025 FinTech Global
