Fundment provides a unified technology platform that streamlines administrative and operational processes for financial advisers, combining integrated core platform services, back-office tools, discretionary investment management, and adviser portals. Its proprietary stack supports tax wrappers, custom APIs, and automated workflows to help firms adhere to complex regulation. The platform covers OEICs, unit trusts, investment trusts, ETFs and domestic and international equities and features integrations with firms such as Legal & General, BlackRock and HSBC. Fundment reports that over 500 firms rely on its platform. The company plans to use new funding to invest in product development, scale the team, and pursue international expansion. Fundment positions itself to address advisers' needs for tailored data tracking and analysis amid rising regulatory pressure. Fundment is an investment platform serving financial advisers, wealth managers and their clients. The platform offers end-to-end solutions, including back-office tools and discretionary investment management. Over the next 12 months it plans to launch numerous products, including a corporate workplace pension and an auto-enrolment solution. Founder and CEO Ola Abdul said the business has grown rapidly in the last 12 months and is onboarding around two new wealth clients weekly. Fundment will use the funding to fast-track new products, develop functionality and enter additional UK segments as part of its UK expansion. ETFS Capital's chairman Graham Tuckwell characterised Fundment as having robust foundations and demonstrating the value of a Digital First approach.

Total raised

$65M

Funding rounds

2

Latest round

Series C

Latest activity

Jan 2025