InvestSuite, a Belgium-based B2B wealthtech company involved in helping banks, wealth managers, brokers, and other financial institutions, recently broke the news of having successfully raised EUR 3 million in a new funding round.
This new funding event brings the total raised sum worth to EUR 9 million for the company since its commencement in 2018.
PMV, the firm’s existing investor, has added an impressive sum of EUR 800K and AB Accelerator, 365.fintech, and other anonymous investors.
Headquartered in Leuven, Belgium, InvestSuite is expanding its international presence in places like London, Warsaw, Sydney, Madrid, Copenhagen, and Amsterdam. The promising start-up already has an elaborate client list in multiple countries on four continents.
Since March, the company has grown from 25 people to 45 by recruiting multiple senior hires to further power expansion. It has also added to and expanded its development and quant teams.
What does InvestSuite offer?
The wealthtech start-up delivers cloud-native, modular wealthtech and investtech solutions to financial institutions, integrating deep quant expertise along with banking and investment knowledge with instinctive human-centric design, and a comprehensive idea of how the backend of a financial institution functions.
The expert’s take
Bart Vanhaeren, CEO and Co-founder of InvestSuite, said, “The opportunity for us is right now; The pandemic has strongly accelerated the digital wealth transformation journeys in our key financial services verticals, and our rapidly expanding global pipeline. The funding allows us to hone in on these opportunities. In our view, building InvestSuite with multiple innovative ‘investtech’ solutions is absolutely the right strategy.
It enables us to talk to institutions of all sizes, all around the world, about a variety of challenges they may face and typically we are very well positioned to help them and, importantly, their end customers, solve a particular challenge. Whether it is an accumulation, decumulation, lack of confidence in investing or an educational requirement, we deliver outstanding digital customer experiences that are win-win for both the financial institution and their end-customer.”