French Personal Finance Platform Finary Raises €25 million
- Kendrick Wakeman, CFA
- Sep 20
- 1 min read
Finary, a Paris-based Personal Financial Management platform founded in 2021 by Mounir Laggoune and Julien Blancher, has raised €25 million in a Series B funding round to support its expansion across Europe. The round was led by PayPal Ventures, with returning investors including Y Combinator, Speedinvest, LocalGlobe and Kima Ventures, as well as angel participation from Wise CTO Harsh Sinha and former UBS chairman Axel Weber.
Finary’s platform aggregates investments across multiple asset classes, offering users tools for savings, brokerage, retirement, cryptocurrency, and more, with a premium service called Finary One for clients with at least €500,000 in investable assets. It has also introduced a life insurance product in collaboration with BlackRock and Generali.
For advisors, platforms, and integrators this development is relevant because it demonstrates growing demand for unified, cross-asset wealth management solutions that combine regulatory compliance and breadth of product offerings. As Finary scales its product toolbox and enters more European markets, incumbents may face pressure to deepen their own capabilities, while system providers and integrators may find partnership or infrastructure opportunities to support this evolving landscape.
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We are seeing a renewed interest in personal finance apps as people increasingly want to control their entire financial lives using only their thumbs. These are not the same, sleepy budgeting apps we saw back in the day. They are connected and offer banking, bill pay, investing, trading, and Finary even offers insurance. Watch India particularly closely in this regard.
