WealthOS, a London-based WealthTech startup that provides a modular platform for building wealth management apps, announced that it has closed its £4mm Seed round. The round saw heavy participation from Barclays and is another example of a financial services firm making a minority investment in solutions that solve known pain points.
In fact, it is fair to say that Barclays is out ahead of the pack on the corporate venture capital front as it is not only an active investor, but they have their own accelerator program. That makes it a one-two punch for innovation. As an aside, WealthOS was a graduate of the Barclays Rise accelerator program as well as the Arlington, TX-based WealthTech accelerator The Founders Arena.
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