Sandbox Wealth raised $1.25M in a pre-seed funding round led by NextGen Venture Partners to enhance R&D and attract engineering talent for their banking solution.
Sandbox Wealth raised $1.25M in a pre-seed funding round led by NextGen Venture Partners to enhance R&D and attract engineering talent for their banking solution.
12/04/24, 2:28 PM
Location
Money raised
$1.25 million
Industry
banking
fintech
finance
financial services
Round Type
seed
Investors
Rev Tech Labs, Gener8tor, Northwestern Mutual Future Ventures, Next Gen Venture Partners
Sandbox Wealth announced the successful closing of $1.25 million in pre-seed funding, led by NextGen Venture Partners with additional support from Northwestern Mutual Future Ventures, gener8tor, and RevTech Labs. The funding aims to support Sandbox's development of a three-sided marketplace for advisors, bankers, and their clients.
Company Info
Location
new york, new york, united states
Additional Info
Sandbox Wealth is a turnkey banking solution focused on providing private banking services to non-bank financial institutions. It aims to enhance access to deposits, lending, and enterprise-grade analytics through its open architecture platform. The company is dedicated to empowering advisors with a range of banking and lending products to better serve sophisticated clients. Sandbox Wealth is positioned to fill existing gaps in banking services for RIAs and Family Offices.