Tag: WealthTech funding

Core banking platform Tuum has scored €15m in a Series A round of funding, with Portage Ventures leading the round.

WealthTech firm Moneyfarm has secured £44.1m in Series D funding from investment firm M&G following a recent partnership between the two companies.

Corporate spend and cash management company Rho has secured £75m in a Series B funding raise.

pockid, a banking app that labels itself as the first dedicated banking app for Generation Z customers, has snapped up $4m from a seed funding round.

Spending and wealth optimisation platform Enzo has snared $3m from a seed funding round led by White Bay Group.

H1 2021 surpasses entirety of 2020 funding by $4.4bn, boosted by large deals over $50m

WealthTech companies raised $6.6bn across 162 deals in Q1 2021 with Robinhood completing a massive $3.4bn funding round.

WealthTech companies globally raised $9.3bn last year across 443 transactions setting a record for both funding and deal activity.

WealthTech funding in the first three quarters is 5.1% lower compared to the same period last year.

WealthTech companies raised $2.8bn in the third quarter of 2020 across 111 transactions, a five-quarter high for deal activity.