WealthKernel, a WealthTech provider of digital investment solutions, has secured £6 million in a Series A extension funding round led by ETFS Capital. Other investors participating in the round include XTX Ventures, the venture capital arm of algorithmic trading company XTX Markets. The funding will be used to support WealthKernel’s expansion plans in the wealth management and advisor market segments, as well as its entry into the European market. The company also recently ventured into US equities trading and aims to bring innovative and cost-effective investment solutions to everyday investors. This funding round reflects the confidence of investors in WealthKernel’s vision and technology, according to CFO Aqsa Tariq.
Breaking News: WealthKernel raises £6m in game-changing funding extension
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