27 September 2023

Wealthtech startup Vega emerges from stealth with $8m equity investment

Written By FinTech Alliance in Investment

Wealthtech startup Vega emerges from stealth with $8m equity investment

Vega, a UK wealthtech platform set up by a team of former executives from leading hedge funds, private equity firms, and fintech scale-ups, has launched with over $8 million in equity investment.

In brief:

-Users can build diversified portfolios covering both private asset classes such as private equity, venture capital, private credit, and real assets as well as public equities, fixed income, and commodities.

-The firm is also building a range of liquidity and financial planning tools for financial advisors.

-Vega is backed by Motive Ventures, Picus Capital, Citi Ventures, No Label Ventures, and over 60 angel investors from leading investment firms such as KKR, Blackstone, and Permira along with fintech executives with leadership experience at firms such as N26, Trade Republic, and Klarna.

What does this mean?

“Our goal is to provide a unified wealth management platform that transforms the experience for end-users while equipping advisors with institutional-grade solutions.” says Alexis Augier, founder and CEO of Vega.

Read more here.

Up Next ...
05 December 2024

HSBC improves data access and operational efficiency with Starburst technology.

HSBC is making data that’s globally dispersed across heterogeneous sources instantly accessible, while ensuring enhanced compliance and significantly reducing operation...

05 December 2024

Abacus Group and Zero Networks Partner to Boost Network Security Across Financial Services

Strategic partnership delivers cutting-edge zero trust micro-segmentation to firms

05 December 2024

Zumo’s Amelie Arras Joins MENA Fintech Association's Sustainable Fintech Alliance as Co-Chair Alongside Gihan Hyde

this dynamic leadership duo is set to drive innovative and impactful initiatives aimed at advancing sustainability in the fintech and digital asset sectors....

04 December 2024

NatWest Group Innovation team launches new Fintech Growth Programme

The programme supports NatWest’s ambition of leading the future of banking with the hope that some of the participants will help drive the bank’s innovation pipeline....

More in Investment

Uber to back Nigerian start-up Moove in up to $100mn round

26 February 2024

Funding round could push Moove’s market value to $750mn In brief:- ...

Simetrik secures $55mn in Series B to bolster platform globally

26 February 2024

Simetrik is a financial automation platform based in Colombia. In brief:- ...

FinTech startup Pontera raises $60mn

07 December 2023

Pontera, formerly known as FeeX, has successfully secured $60 million ...

FinTech-focused Canapi Ventures raises $750mn

07 December 2023

Fund II represents a 15% increase in funds and a ...

White Papers Investment

Investment vehicles in private markets

17 November 2023

How investment vehicles are revolutionising private markets and bridging the gap in democratisation...

White Papers Investment

The Three-Body Problem: Finding the New Stable Points in Venture Capital

12 June 2023

William Edwards Deming once famously said, “It is not necessary to change. Survival isn’t mandatory....

White Papers Investment

FT Partners Quarterly FinTech Insights

12 June 2023

FT Partners’ FinTech Insights Reports are published on a quarterly basis, along with a comprehensive...

Articles Investment

Innovate Finance on: 2022 Summer Investment Report

19 July 2022

In the first half of 2022 total capital invested in FinTech globally reached $59bn – flat year-on-ye...

There are no Events in this category