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Home » Startup Fintech The Richness of Wealth secures 3.6 million euros in funding to expand into Greece.
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Startup Fintech The Richness of Wealth secures 3.6 million euros in funding to expand into Greece.

3 Mins Read
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Wealth Fintech Startup Secures €3.6 Million to Expand Across Europe

Wealth, a London-based fintech startup, has successfully raised €3.6 million in a strategic financing round, with Global Wealth Group PLC stepping in as a prominent investor. This investment marks Global Wealth’s entry into the FinTech and digital investment sector, enabling Wealth to expand its operations throughout Europe.

Enhancing Technology and AI Integration

The funds acquired will be allocated to upgrading the technology of the Wealth platform, integrating advanced AI features, and venturing into new markets, starting with Greece. This move is aimed at enhancing the user experience by providing cutting-edge tools for young investors to learn, save, and invest effectively.

The Vision Behind Wealth

According to Alexandros Christoulakis, the co-founder and CEO of Wealth, “Wealth was created to address a crucial gap: the financial system lacked significant access for the majority of people.” He emphasizes that access goes beyond simply purchasing stocks via a mobile app—it is about empowering individuals with the knowledge and tools necessary for financial independence.

A Comprehensive Platform for Investors

Founded in 2020, Wealth has centered its offerings around four key pillars: education, savings, investment, and automation. The platform features over 50 interactive lessons and market information sessions aimed at educating users about financial management. With favorable savings rates and a commission-free investment feature starting from just €1, Wealth is designed to cater to the needs of novice investors.

User-Friendly Mobile Application

The Wealth mobile app guides users in backup management, investment, and wealth creation, utilizing automation tools and personalized strategies powered by AI. With over 50,000 active users in the United Kingdom, the platform operates with minimal marketing expenses, showcasing its strong user acquisition.

Strategic Expansion into Greece and Beyond

This strategic investment comes as Wealth prepares to enter the Greek market and expand across the EU, having recently secured licenses from the Hellenic Capital Market Commission. Additionally, Wealth is set to launch B2B services, providing its platform to banks and financial institutions seeking to modernize their digital investment offerings.

The Future of Wealth Management

Michalis Ioannidis, CEO of Global Wealth, stated, “The world’s wealth can be democratized by providing everyone with the opportunity for financial freedom.” He believes that the coming years will be pivotal for WealthTech, and today marks a significant step for Wealth as it harnesses technology and business strategies to thrive in this growing sector.

Market Potential and Opportunities

According to projections from Wealth, the European digital investment market is anticipated to triple its user base by 2028, with assets under management expected to rise from €1.5 billion to €4.6 billion by 2029. Millennial and Gen-Z investors are forecasted to manage over €30 billion globally by 2030, marking what could be the largest wealth transfer in history.

Furthermore, the company is well-positioned to capitalize on underserved markets in Southeast Europe, where user growth rates exceed 27% annually. With participation from over 40 private and institutional investors across the UK, Greece, and Europe, Wealth is set to become a vital player for young Europeans seeking financial independence.

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Transforming Cross-Border Payments in Nigeria

September 18, 2025

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Transforming Cross-Border Payments in Nigeria

September 18, 2025

Aleph secures 29 million dollars in Series B funding to guide and enhance its initiatives.

September 18, 2025

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September 17, 2025
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