Mounir Laggoune
CEO of Finary
Mounir Laggoune
CEO of Finary
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Join Finary
May 18, 2021

2.2M€ Seed to change Wealth Management.

We are partnering with the best and the brightest to reinvent the investment journey for retail investors worldwide.

Today is a special day at Finary. We are raising a 2.2M€ round from Speedinvest, Y Combinator, Kima Ventures, and many incredible angel investors, including the founders of Luko, Photoroom, Raycast, GoTrade, senior executives from the Wealth Management industry, and family offices. This round will allow us to accelerate our mission: Change wealth management, forever.

An industry ripe for disruption

A few years ago, Julien and I were both lucky enough to live through an exit. We decided to become serious about investing. Like many investors today, we diversified across multiple asset classes like crypto, stocks, and venture. We were struggling to keep an overview of our portfolios. While scanning for solutions, we realized that there was a big issue in the wealth management space: Tech was simply non-existent.

Most individual investors (including the world's wealthiest) are still using spreadsheets to track their investments - if they track them at all. Why is that an issue? You cannot improve what you don’t track.

We built Finary to change that.

Introducing your financial OS

We allow investors to track all their investments, regardless of asset class, automatically and in real-time.

Got bank accounts in three different countries? Finary does the hard work of integrating with your favorite platforms and banks (10,000 and counting) so that you can connect them in a flash. Invested in the latest DeFi protocol? You can connect your Ethereum wallet on Finary! Own 10 rental properties? We calculate your profitability, IRR, and cash flow over all your properties.

Tracking is only the first step. We also provide our users with actionable and exclusive Insights. We started by scanning their funds for hidden fees, the bread and butter of the financial service industry. Being completely independent from them, we have no problem in pointing out what can be optimized. In the coming month, we will introduce tools & features that have never previously been accessible to retail investors.  

Guess what? Users love it! Today, we are tracking 2B€ for our investors in 67 countries.

We’re building the future of Wealth Management

This fundraising round is only the beginning of our journey. As new asset classes emerge and the financial markets become more complex, Finary will empower individual investors to achieve financial independence. We are changing wealth management, forever.

Finally, we're hiring for multiple roles and want to bring on people who share our vision and passion. If you're interested in making personal finance more accessible while working with a creative and hardworking team building fantastic technology, check out our jobs openings!

Edited by
Mounir Laggoune
CEO of Finary
Written by
Mounir Laggoune
CEO of Finary
Mounir is the co-founder and CEO of Finary. He is passionate about personal finances and shares his knowledge every Friday on BFM Business on the show Tout pour Votre Argent as well as twice a week on the Finary YouTube channel.

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