WealthOS, a London, UK-based cloud-native wealth management infrastructure platform provider, raised additional £2M in Seed funding.
The round was led by Barclays Bank. It also attracted investment from Main Set. It added to the £2M already invested by Barclays and other fintech investors such as Chris Adelsbach, Mike O’Brien, John Donohoe and John Herlihy in late 2023.
The company intends to use the funds to further develop its platform, increase distribution, and scale the organisation to support its client pipeline.
Founded in 2019 by CEO Anton Padmasiri, WealthOS is a provider of a cloud native, modularised operating system (SaaS) for digital wealth management products. It is currently available in the UK.
This funding news follows the announcement that WealthOS had released the UK’s first and only cloud-native and API retail pensions (SIPP) technology and that it had been selected by Quai Digital to become its new, strategic technology partner. Quai is a provider of B2B wealth management white label outsourcing services.
FinSMEs
06/06/2024