Fundment raised £45m in a Series C funding round led by Highland Europe to scale its tech platform for financial advisers.

Jan 20, 2025•10 months ago

Amount Raised

£45 Million

Round Type

series c

LondonFintechFinanceFinancial ServicesSoftware

Investors

Etfs CapitalHighland Europe

Description

Fundment has secured £45m in a Series C funding round aimed at expanding its platform's offering and team. The round was led by Highland Europe with participation from ETFS Capital and is pending FCA approval.

Company Information

Company

Fundment

Location

London, England, United Kingdom

About

Fundment is a London-based technology platform founded in 2018 by experienced asset manager Ola Abdul. The platform is designed to address the technology challenges faced by financial advisers, allowing them to better manage and enable operations. Fundment aims to support financial advisory firms by providing an all-in-one tech solution. The company is positioned to capitalize on the anticipated growth in the financial planning software market, which is expected to reach $18.1 billion in the next decade.

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