18 Dec 2020
InvestSuite, an international B2B WealthTech company, announces that it has successfully completed a new ScaleUp funding round which brings the total raised to €9m since inception in 2018. The existing investor PMV, has invested an alongside AB Accelerator, the Fintech-focused corporate accelerator of Arab Bank, 365.fintech and other investors. InvestSuite, with HQ in Leuven, Belgium but with a growing international presence in London, Sydney, Warsaw, Copenhagen, Madrid and Amsterdam has already acquired enterprise clients in multiple countries on four continents. Since March the firm has grown from 25 people to 45, recently adding multiple senior hires to further fuel the expansion, as well as expanded its development and quant teams.The company offers Cloud-native, modular WealthTech and InvestTech solutions to financial institutions all over the world, combining deep quant expertise and banking & investment knowledge with beautiful, intuitive human-centric design, and a comprehensive understanding of how the ‘backend’ of a financial institution works.
InvestSuite’s best-of-breed, modular, white-labelled end-to-end solutions can be used in an off-the-shelf way or highly customised depending on an institution’s requirements and time-to-market desires.
Bart Vanhaeren, CEO and co-founder of InvestSuite, said “The opportunity for us is right now; The pandemic has strongly accelerated the digital wealth transformation journeys in our key financial services verticals, and our rapidly expanding global pipeline. The funding allows us to hone in on these opportunities.”
Tomáš Vyšný, Investor at 365.Fintech, said “We are convinced there is a significant secular opportunity in digitizing wealth management solutions. We are looking forward to supporting Bart and the exceptional team at InvestSuite in disrupting the space and enabling incumbent financial institutions to serve their customers with radically better digital wealth solutions.”
Thibault Dujardin who acted on the transaction for ICON Corporate Finance, commented: “We’re delighted to have supported Bart and his team on this fundraising. They have built an impressive suite of white label, Wealthtech-as-a-Service products to speed up the digital wealth transformation of financial institutions.
The wealth management and investment industry is drastically changing with an increasing amount of AUM being managed in an automated, digital or AI supported way and InvestSuite is perfectly positioned to capitalize on this. It has been a pleasure to work with the team, and we look forward to their continued success.”
