Munich, Germany, 01 October, 2019 – wealthpilot, a fintech company based in Munich, Germany, and provider of a hybrid wealth management solution is experiencing significant growth. wealthpilot’s hybrid approach to wealth management combines the advantages of personal advice with an efficient, cloud-based software-as-a-service (SaaS) platform, allowing its customers to continue to provide their personal advisory services in the future. The company’s customer base includes financial advisors, asset managers, family offices, banks and broker pools. These are using the wealthpilot software to analyze more than €12 billion of financial assets, compared to €4 billion in August 2018. The success of the wealthpilot solution has also convinced investors: €2.6 million in funds have been raised as part of a financing round, with €1.1 million coming from a new investor and €1.5 million contributed by current investors such as Bayern Kapital, the venture capital organization of the German state of Bavaria. wealthpilot plans to use these funds to expand sales and marketing and drive internationalization and product development efforts.
