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Netwealth raises £10m funding

London based online wealth management platform Netwealth has raised £10m in a second round of Angel funding from various angel investors. Netwealth is an online wealth management service that brings together a highly qualified team, a powerful online service and a robust investment framework.

“Our growth over the past 18 months is a clear signal that cash-rich, time poor professionals are often either under-invested or unhappily invested with traditional providers,” said Charlotte Ransom, chief executive and co-founder at Netwealth. “With this further injection of capital we are now well funded to continue to invest in and grow the business over coming years, accelerating our growth trajectory and our client base with a group of supportive and involved shareholders.”

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netwealth, wealth management, financing