Barclays Bank Backs WealthOS with £2M Injection
Barclays Bank has injected additional capital into WealthOS, a cloud-native wealth management infrastructure platform provider based in London, UK. The funding round was led by Barclays Bank and included investment from Main Set, which is part of Capricorn Capital Partners UK. A total of £2M was raised in this final closing, concluding the £4M seed round that had begun in late 2023.
WealthOS plans to use the investment to further develop its platform, expand distribution channels, and scale the organization to support its growing client base.
CEO and Founder of WealthOS, Anton Padmasiri, expressed gratitude for the support of investors who share the company's mission to modernize the wealthtech space. The aim is to provide organizations with efficient and high-speed solutions for offering omni-channel wealth management products to clients.
Andrew Challis, Co-Head of Principal Investments at Barclays, commended WealthOS for their early commercial success and reaffirmed Barclays' commitment to supporting innovative opportunities. Ioto Iotov, Founder and Managing Partner of Main Set, highlighted the vast potential for digitization and growth within the wealth management sector. He praised the WealthOS team for their early product-market fit and commended their knowledge, passion, and experience in solving industry pain-points.
They've invested in WealthOS
Get to know these Fintech investors
Click here for a full list of 6,481+ startup investors in the UK