202321 Nov

WealthOS Raises £2M in First Closing of Seed Funding Round, Led by Barclays Bank – WealthOS

Summary

WealthOS has secured institutional seed funding from Barclays Bank and other leading FinTech investors to propel the next phase of its growth. Were excited to back Anton and his team in their next phase to unlock their full potential for scaling the business.WealthOS is a UK-based company that provides modern middle- and back-office technology to the savings, investment, and retirement industries. It provides the technology required for supporting features such as fully compliant client onboarding, tax-wrapper administration, portfolio management, rebalancing, trading, settlement, end-to-end recordkeeping, reconciliation, fee computation, account transfers, projections, and more.By using the latest cloud-native technology as well as continuous integration and continuous delivery (CI/CD) methodologies, WealthOS can reduce the infrastructure and running costs for organisations by over 40% while offering elastic scalability and best-in-class security. Founded in 2019 and currently available in the UK, WealthOS helps wealth managers to achieve their digital transformation three times faster and 40% cheaper. As a minority founded business operating across the UK and Sri Lanka, we firmly believe in building digital infrastructure that enables equitable financial access for everyone, everywhere.

Source: Wealthos

Funding

$2.5M
Amount
Nov 21 2023
Date
-
Investor
WealthOS
Company

Classifications

Companies