Vega, a London, UK-based wealthtech platform provider, launched with over $8m in equity funding.
Backers included Motive Ventures (lead), Picus Capital, Citi Ventures, No Label Ventures, GFC and 60+ senior financial services and fintech executives.
The company intends to use the funds to expand operations and its development efforts.
Led by Alexis Augier, founder and CEO, and Alfonso Bauzá de Mirabó, co-founder and COO, Vega enables users to invest across the asset allocation spectrum and 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 company leverages technology to construct diversified portfolios that combine multiple leading alternative asset managers — enabling users to invest in private markets in an optimal way while complementing their exposure with public asset classes, all on a single platform.
Beyond investment products, Vega is also building a wide range of liquidity and financial planning solutions.
FinSMEs
26/09/2023