Belgian Wealthtech Startup InvestSuite Raises €3 Millionby Company Announcement December 28, 2020
InvestSuite, a Belgian B2B wealthtech company, announced that it has successfully completed a new funding round, raising €3 million.
This brings the total raised to €9 million since inception in 2018. Existing investor PMV, has poured in an additional €800.000 alongside AB Accelerator, 365.fintech and other unnamed investors.
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. In our view, building InvestSuite with multiple innovative ‘investtech’ solutions is absolutely the right strategy.
It enables us to talk to institutions of all sizes, all around the world, about a variety of challenges they may face and typically we are very well positioned to help them and, importantly, their end customers, solve a particular challenge. Whether it is an accumulation, decumulation, lack of confidence in investing or an educational requirement, we deliver outstanding digital customer experiences that are win-win for both the financial institution and their end-customer”.
InvestSuite, which is headquartered 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, combining deep quant expertise as well as banking and investment knowledge with intuitive human-centric design, and a comprehensive understanding of how the ‘backend’ of a financial institution works.