Munich, 20 January, 2021 – wealthpilot taps the full potential of wealth management for end customers, wealth managers and banks – with this goal in mind, wealthpilot has created the financial home of the future for customers of wealth managers, banks and insurance companies. In order to further develop the software-as-a-service platform (SaaS), the Munich-based FinTech has raised 8 million Euros in a new financing round. The total amount includes a contribution of 3.4 million Euros from investor Seventure, with the remainder coming from previous investors Bayern Kapital, MIG Fonds and a consortium of business angels. wealthpilot provides a digital platform enabling hybrid wealth management: based on a digital aggregation of customers’ financial information, a wealth manager is able to provide individualized advice. The model is proving highly successful: the sum of assets entered onto the platform has increased tenfold since the middle of 2018 to a total of 42 billion Euros. With the funds raised through the latest investment round, wealthpilot aims to expand its team and product offering, maintain the strong growth dynamic in its established market segments, and develop new business among insurers.

Download Press Release