Sidekick, a London, UK-based digital active investment manager, raised £3.33M in Pre-Seed funding.
The round was led by Octopus Ventures, with participation from Seedcamp and Semantic, and angel investors Will Neale, founder of Grabyo, Michael Pennington, co-founder of Gumtree, Ricky Knox, co-founder of Tandem, Michael Kent, co-founder of Azimo, Freddy Kelly, co-founder of Credit Kudos, and Mark Ransford, a serial FinTech investor.
The company intends to use the funds to become a regulated active investment manager that offers access to portfolios of both traditional and digital assets.
Led by CEO Matthew Ford and CTO Peter Townsend, Sidekick is a modern investment manager offering products and services, including access to alternative investments and the ability to borrow against these investment portfolios. Customers will have access to the Sidekick investment team who will provide regular updates on portfolio performance and share editorial content to help customers build their investment knowledge along the way. The company will offer an innovative product mix, including both stocks and crypto, and construct a responsible funding line for customers to borrow against their portfolios when needed.
FinSMEs
27/10/2022