Tech Company Financing Transactions
WealthKernel Funding Round
ETFS Capital and XTX Ventures invested in a $7.6 million Series A funding round for WealthKernel. The round was announced on 1/26/2024.
Transaction Overview
Company Name
Announced On
1/26/2024
Transaction Type
Venture Equity
Amount
$7,600,000
Round
Series A
Investors
ETFS Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand across the European market.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
41 Luke St
London, EC2A 4DP
UK
London, EC2A 4DP
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
WealthKernel provides investment, savings and wealth infrastructure to help businesses build and offer functionalities in flexible, cost-effective, and creative ways. We provide easily-embedded investment infrastructure, over API, for companies looking to offer digital wealth and investment services. From ISAs to GIAs and SIPPs - we help customers easily launch financial products for retail clients.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Karan Shanmugarajah
Browse more venture capital transactions:
Prev: 1/26/2024: Legalyze.ai venture capital transaction
Next: 1/26/2024: TextQL venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs