The Munich-based financial technology startup wealthpilot has successfully completed a second financing round and — in addition to the existing shareholders and experienced startup entrepreneurs who are leading the round — also attracted new investors Bavaria Capital convince yourself.
The startup wealthpilot, a provider of software-as-a-service (SaaS) solutions for wealth management, announces a successful financing round. With the fresh capital, the FinTech startup intends to primarily integrate new features into its SaaS platform, further expand its sales teams, and continue its growth trajectory.
With wealthpilot's SaaS platform, wealth advisors and managers can manage more assets and asset classes for new and existing clients and achieve significant time savings through process automation. A total of more than 1,500 banks, family offices, wealth management firms, and wealthy individuals currently use the wealthpilot solution.
Well positioned for the future
"The digitalization of the financial sector lags far behind other industries. It mostly focuses on investing liquid assets. However, it is also important for the financial industry to develop solutions that not only enable wealth advisors and managers to work more efficiently, but also provide high-quality support on key wealth issues to as many clients as possible. wealthpilot has completely convinced us in this regard. Both the SaaS approach and the user interface reduce the complexity behind the solution for users. They help wealth advisors concentrate on their core business – personal advice."
explains Bayern-Kapital Managing Director Dr. Georg Ried.
"We particularly appreciate that we have been able to expand our excellent collaboration with existing business angels to include Bayern Kapital and experienced startup entrepreneurs. This brings together in our investor circle extensive industry knowledge of the financial sector and significant entrepreneurial expertise,"
explained Stephan Schug, Managing Director of wealthpilot.
