Fundment, a London, UK-based provider of a tech platform for financial advisers, raised £45M in funding.
The round was led by Highland Europe, with participation from ETFS Capital.
The company intends to use the funds to scale its platform offering and team, including product and engineering.
Founded by CEO Ola Abdul, Fundment provides proprietary technology that integrates core platform services, back office tools, discretionary investment management solutions and portals in a one-stop shop for advisers to operate and monitor their investment processes securely. It allows firms to utilise tax wrappers and build their own APIs to customise integrations and extensibility. This helps firms scale efficiently with automated processes, whilst adhering to complex regulations which drive client value. Its marketplace platform has access to a comprehensive range of investments from companies including Legal & General, BlackRock and HSBC, including OEICs and Unit Trusts, Investment Trusts, ETFs, domestic and international equities.
FinSMEs
20/01/2025