WealthOS Secures £4.6 Million Investment to Accelerate Digital Wealth Technology Expansion

In order to hasten the use of digital technology within the wealth management industry, WealthOS, based in London, has successfully raised £4.6 million.

WealthOS, a provider of cloud-native wealth management infrastructure platforms, has announced that it has successfully closed its seed investment, which was led by Barclays Bank. The investment firm Main Set, which is a subsidiary of the worldwide investment firm Capricorn Capital Partners UK, was one of the investors that WealthOS was able to secure with their money.

This final close brought in an additional £2.3 million, which was added to the £2.3 million that had already been committed by Barclays and other prominent investors in the fintech industry, including Chris Adelsbach, Mike O'Brien, John Donohoe, and John Herlihy, in the latter half of 2023. The investment will be utilized by WealthOS in order to further improve its platform, expand distribution, and scale the organization in order to service its robust client pipeline.

Following the announcement that WealthOS had announced that it had delivered the first and only cloud-native and API retail pensions (SIPP) solution in the United Kingdom, as well as the announcement that it had been picked by Quai Digital to become its new strategic technology partner, this funding news has come about. One of the most prominent providers of white label outsourcing services for business-to-business wealth management is Quai. The company is able to generate future growth by providing its customers with new digital financial capabilities that are scalable, feature-rich, and digital. This is accomplished by integrating its own proprietary platform with the composable software that WealthOS provides.