If you’ve read the title and thought about how many European WealthTech articles can one person write, don’t worry this is the last one out of the series…I promise.
At this point, several articles in, we’re all familiar with the term WealthTech and its composition of the two words Wealth and Technology. The FinTech subsector has undoubtedly taken off over the last years and with European inflation rates nearly hitting 6 percent, it comes as no surprise that consumer adoption of WealthTech products and services has significantly increased. This is supported by the amount of capital being invested in the sector. On a global scale, WealthTech funding hit an eye-watering +$20bn in 2021.
Consumers that are looking to grow their money through a web or mobile app are spoilt for choice. New startups are popping up regularly or they are coming out of stealth mode. It can be quite grueling and time-consuming to crawl the web for the best wealth-growing solution for your needs so we’ve compiled a list of some of our favorites. From robo advisors to neobrokers to digital investment platforms to savings apps to…you get the point… there are a lot of different options, the list covers a healthy amount.
WealthTech Europe: The Crème de la crème
Below are 10 WealthTechs we believe are the ones to watch in 2022. Admittingly, three of the companies were identified by IBSintelligence as key players in the sector this year. Given the growth and development of the 10 European WealthTechs over the last years, we definitely won’t put it past them to have an incredible 2022. The list is in no particular order as we’re fans of each company and the product/service they provide.
- Scalable Capital
- Trade Republic
- BUX
- Moonfare
- Bitpanda
- Liqid
- Qapital
- InvestSuite
- additiv
- Ginmon
Scalable Capital
Company Snapshot
Munich, Germany
Founded in 2014
251-500
Series E
Total Amount of Funding: €266 million
Valuation: $1.4 billion
The Munich-based WealthTech is one of Europe’s most promising digital investment platforms. The FinTech offers its customers a broker, wealth management (robo-advisor), and crypto trading platform.
Trade Republic
Company Snapshot
Berlin, Germany
Founded in 2015
501-1000
Series C
Total Amount of Funding: $995.5 million
Valuation: $5.3 billion
The German neobroker enables millions of Europeans to grow their money; offering users savings plans, stocks and ETFs, crypto, and derivates trading.
BUX
Company Snapshot
Amsterdam, The Netherlands
Founded in 2014
101-250
Series C
Total Amount of Funding: $115.8 million
Valuation: $1 billion
BUX, the Amsterdam-based zero-commission broker, allows customers to invest in stocks, ETFs, and crypto.
Moonfare
Company Snapshot
Berlin, Germany
Founded in 2016
101-250
Series C
Total Amount of Funding: $201.4 million
With 1.5 billion Assets Under Management (AUM), Moonfare is the leading global platform for private equity investing.
Bitpanda
Company Snapshot
Vienna, Austria
Founded in 2014
501-1000
Series C
Total Amount of Funding: $546 million
Valuation: $4.1 billion
Bitpanda, an Austrian digital investment platform, enables users to invest in stocks, ETFs, crypto, and precious metals – all in one app.
Liqid
Company Snapshot
Berlin, Germany
Founded in 2016
101-250
Series D
Total Amount of Funding: €164.9 million
The Berlin-based WealthTech is a digital asset manager focused on the investment needs of affluent private clients.
Qapital
Company Snapshot
Stockholm, Sweden
Founded in 2013
51-100
Series B
Total Amount of Funding: $47.3 million
Qapital is an award-winning app designed to let you save, invest, and spend with any goal in mind.
InvestSuite
Company Snapshot
Louvain, Belgium
Founded in 2018
51-100
Seed
Total Amount of Funding: €9.6 million
A bit different from the prior mentioned companies but no less WealthTechy. InvestSuite operates as a WealthTech-as-a-Service helping financial institutions around the world serve their clients better with a suite of modern digital investment solutions.
additiv
Company Snapshot
Zürich, Switzerland
Founded in 1998
101-250
Venture
Total Amount of Funding: CHF21 million
The Swiss WealthTech is a Wealth Management platform offering its clients various solutions such as a Hybrid Wealth Manager or a Wealth Robo Advisor.
Ginmon
Company Snapshot
Frankfurt, Germany
Founded in 2014
11-50
Series A
Total Amount of Funding: $6.74 million
Ginmon provides fully-automated online investment services to customers in Germany and Continental Europe. “Intelligent robo-advisor technology with ETFs”
And…you have reached the end of the list. By no means does this list cover all the incredible WealthTechs in Europe, but it does offer an insight into the companies paving the way for the FinTech wealth sector. It’s fair to say that we’re beyond excited to see what these WealthTechs have in store for the remainder of 2022 and beyond.
Your Partner in Growth
As the FinTech industry continues to grow, so does the need for talent to facilitate this. At Storm2 we have specialized in connecting FinTech talent with disruptive FinTech players such as yourself. We are able to assist in any stage of your growth by connecting you with the right people. Please don’t hesitate to get in touch with our WealthTech recruiters and we would be more than happy to see how we can help and support you in your journey.
