ABN AMRO + Techstars Future of Finance Accelerator program has completed and Avenir UK, a wealth management solution provider in the UK, secured pre-seed financing of $530,000.
Avenir, a software provider for wealth management, provides reports on regulatory compliance and gives scores to businesses according to their performance. Sustainability. This software allows advisors to integrate the values of their clients into investment strategies by creating exchange-traded fund (ETF) portfolios.
Avenir’s personalised wealth management services are based on Artificial Intelligence and Direct Indexing, which reduces administrative work for financial advisors. They also provide tangible results to clients beyond the return of their investment.
Avenir also has the support of prominent investors such as SFC Capital. TechstarsThe world’s biggest pre-seed investor. Together with other notable investors like FNZ, JP Morgan” Morgan StanleyAvenir was able to successfully boost its financial support early. The funds will be used to develop the B2B Wealth Management Software Suite.
Ed Stevenson is the Investment Executive of SFC Capital. He says, “As Avenir’s lead investor, we are thrilled to be supporting its mission to reshape the wealth management industry.” Its commitment to digitalisation and personalisation is truly impressive.
Allard Luchsinger is the Managing Director at Techstars. He added that “Avenir’s team has the expertise and drive to have a major impact on the financial sector.” “We’re thrilled to watch them innovate and disrupt with their next-generation wealth management tools.”
Jeremy Bensoussan is the CEO and co-founder of Avenir.
“We closed our pre-seed round in just three months, which reflects the demand for personalised digital wealth management solutions,” said Jeremy Bensoussan. CEO and co-founder at Avenir. The support of SFC Capital and Techstars as well as our angel investors confirms the importance of our mission. This funding will allow us to continue to innovate, deliver value and disrupt the PS1.2 Trillion in wealth management assets in the UK.
Avenir is aiming to develop its suite of B2B software for wealth management with the support from investors such as SFC Capital, Techstars and others. CEO Jeremy Bensoussan stresses the need for personalised digital wealth management solutions and expresses his confidence in Avenir to disrupt and innovate the industry.
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