Wealthtech options supplier InvestSuite has accomplished a €6 million Sequence A funding spherical, bringing the entire raised to €15 million since inception.
Based in 2018, the corporate develops white-label portfolio development, digital investing and portfolio reporting options for monetary establishments.
It has over 20 shoppers in 14 international locations, primarily in Europe and the Center East, with plans to broaden to Asia and North America. The corporate has 70 staff and workplaces in Leuven, London, Warsaw, Amsterdam, and Sydney.
The funding spherical additionally noticed the addition of two new strategic traders, the Cronos Group and OSOM Finance, subsequent to present investor PMV in addition to different institutional and angel traders.
Anton Altement, CEO and Co-Founding father of OSOM Finance will be part of the board, whereas banking government Frank Stockx will characterize the Cronos Group and function the brand new Chairman of the Board.
“This spherical of financing is a recognition of our mission to deliver one of the best companies in InvestTech to the widest doable viewers. It permits us to execute our development ambitions, broaden our crew and convey our improvements to monetary establishments across the globe,”
mentioned Laurent Sorber, CTO and Co-Founding father of InvestSuite.
“I’m very happy that entrepreneurs just like the Cronos Group and OSOM Finance will be part of our board. They may deliver unparalleled entrepreneurial drive and intensive wealth administration and funding experience to the desk,”
mentioned Bart Vanhaeren, CEO and Co-Founding father of InvestSuite.