OneVest Raises CAD $5M in Funding
Summary
OneVest, a Calgary, Alberta and Toronto, Canada-based provider of an embedded wealth management platform serving fintechs, digital banks and financial institutions, raised CAD$5M in funding. As part of the round, Karim Gillani, former PayPal executive and current General Partner of Luge Capital, will join the OneVest board. The company intends to use the funds to expand the team, grow sales and drive product development. Founded by Amar Ahluwalia, Jakob Pizzera and Nathan Di Lucca, OneVest is a financial technology company dedicated to innovating wealth management. This enables consumer fintechs, credit unions, traditional banks and wealth management firms to offer a digitally-native user experience for personalized wealth management to their end customers that can be launched in a few weeks.