{"id":2282,"date":"2024-06-04T05:10:52","date_gmt":"2024-06-04T05:10:52","guid":{"rendered":"https:\/\/wealthos.cloud\/?p=2282"},"modified":"2024-06-04T06:22:54","modified_gmt":"2024-06-04T06:22:54","slug":"wealthos-successfully-raises-4m-with-institutional-investors-barclays-and-main-set","status":"publish","type":"post","link":"https:\/\/wealthos.cloud\/wealthos-successfully-raises-4m-with-institutional-investors-barclays-and-main-set\/","title":{"rendered":"WealthOS successfully raises \u00a34M with institutional investors Barclays and Main Set"},"content":{"rendered":"\n<ul><li><strong>Barclays Bank injects further capital into WealthOS with leading FinTech investor Main<\/strong> <strong>Set, part of Capricorn Capital Partners UK, joining the round.<\/strong><\/li><li><strong>A further \u00a32M successfully raised concluding the \u00a34M seed round<\/strong>.<\/li><\/ul>\n\n\n\n<p><strong>London, UK (4th June 2024)<\/strong>. WealthOS, the cloud-native wealth management infrastructure<br>platform provider, has announced the successful closure of its seed round led by Barclays Bank. In<br>addition to Barclays, WealthOS also attracted investment from Main Set, part of international<br>investment firm Capricorn Capital Partners UK.<\/p>\n\n\n\n<p>\u00a32M was raised in this final closing adding to the \u00a32M already invested by Barclays and other<br>leading fintech investors such as Chris Adelsbach, Mike O\u2019Brien, John Donohoe and John Herlihy in<br>late 2023.<\/p>\n\n\n\n<p>WealthOS will use the investment to further develop its platform, increase distribution and scale the<br>organisation to support its strong client pipeline.<\/p>\n\n\n\n<p>\u201cI couldn\u2019t have asked for a better group of investors &#8211; all of whom have been incredible<br>cheerleaders for our mission to modernise the wealthtech space. I am excited to demonstrate to the<br>market how we will not only enable organisations to offer incredible, omni-channel wealth<br>management products to clients, but to do so at high speed and with cost efficiency,\u201d comments<br><strong>CEO and Founder of WealthOS, Anton Padmasiri<\/strong>.<\/p>\n\n\n\n<p><strong>Andrew Challis, Co-Head of Principal Investments at Barclays <\/strong>said: \u201cWe\u2019re very pleased to have<br>invested in WealthOS at the start of their journey. They are a talented team and have leveraged the<br>investment to achieve early commercial success.\u201d<\/p>\n\n\n\n<p>Mr Challis added: \u201cOur ongoing investment with WealthOS demonstrates our commitment to<br>opportunities arising from our Rise Growth Academy and aligns with Barclays\u2019 Innovation Thesis.<br>WealthOS has an impressive proposition in the digital, wealth management space. I look forward to<br>seeing their future endeavours coming to fruition, celebrating new milestones, and seeing our return<br>on investment.\u201d<\/p>\n\n\n\n<p><strong>Ioto Iotov, Founder and Managing Partner of Main Set<\/strong>, adds: \u201cGiven our experience within the<br>wealth and investment space, and our focus on fintech, we know the wealth management sector<br>has immense opportunity for digitisation and growth. The WealthOS team has built a proposition<br>that has found product-market fit very early; and is primed for use by a whole host of wealth,<br>retirement, and savings companies. We were further impressed by the knowledge, passion and experience of the founding team, who had personally experienced the pain-points WealthOS<br>solves.\u201d<\/p>\n\n\n\n<p>This funding news follows the announcement that WealthOS had released the UK\u2019s first and only<br>cloud-native and API retail pensions (SIPP) technology and that it had been selected by Quai Digital<br>to become its new, strategic technology partner. Quai, is a leading provider of B2B wealth<br>management white label outsourcing services. By utilising WealthOS\u2019s composable software to<br>integrate with its own proprietary platform, it drives further growth by offering new scalable, feature-<br>rich, digital financial capability to its clients.<\/p>\n\n\n\n<p class=\"has-text-align-center\">\u2013 ENDS \u2013<\/p>\n\n\n\n<p class=\"has-small-font-size\"><strong>About WealthOS<\/strong><\/p>\n\n\n\n<p class=\"has-small-font-size\">WealthOS is the cloud-native, modularised operating system (SaaS) for digital wealth management<br>products. Founded in 2019, and currently available in the UK, WealthOS helps wealth managers to<br>achieve their digital transformation three times faster and 40% cheaper.<\/p>\n\n\n\n<p class=\"has-small-font-size\">As a minority-founded business operating across the UK and Sri Lanka, we firmly believe in building<br>digital infrastructure that enables equitable financial access for everyone, everywhere.<\/p>\n\n\n\n<p class=\"has-small-font-size\">Contact &#8211; <a href=\"mailto:shri@wealthos.cloud\" target=\"_blank\" rel=\"noopener\" title=\"\">shri@wealthos.cloud<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barclays Bank injects further capital into WealthOS with leading FinTech investor Main Set, part of Capricorn Capital Partners UK, joining the round. A further \u00a32M successfully raised concluding the \u00a34M seed round. London, UK (4th June 2024). WealthOS, the cloud-native wealth management infrastructureplatform provider, has announced the successful closure of its seed round led by [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"news-blog-template.php","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false},"categories":[30],"tags":[33],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/wealthos.cloud\/wp-json\/wp\/v2\/posts\/2282"}],"collection":[{"href":"https:\/\/wealthos.cloud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wealthos.cloud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wealthos.cloud\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/wealthos.cloud\/wp-json\/wp\/v2\/comments?post=2282"}],"version-history":[{"count":4,"href":"https:\/\/wealthos.cloud\/wp-json\/wp\/v2\/posts\/2282\/revisions"}],"predecessor-version":[{"id":2299,"href":"https:\/\/wealthos.cloud\/wp-json\/wp\/v2\/posts\/2282\/revisions\/2299"}],"wp:attachment":[{"href":"https:\/\/wealthos.cloud\/wp-json\/wp\/v2\/media?parent=2282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wealthos.cloud\/wp-json\/wp\/v2\/categories?post=2282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wealthos.cloud\/wp-json\/wp\/v2\/tags?post=2282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}