WealthKernel
About WealthKernel
WealthKernel provides a modular API infrastructure that enables companies to offer digital investment services, including client onboarding, trading, and portfolio management. This solution addresses the need for scalable and flexible investment functionality, allowing businesses to efficiently manage user accounts and transactions while ensuring regulatory compliance in the UK and EU.
```xml <problem> Many companies struggle to offer digital investment services due to the complexities of client onboarding, trading infrastructure, regulatory compliance, and portfolio management. Building and maintaining this infrastructure in-house requires significant investment in technology, legal expertise, and ongoing operational overhead. </problem> <solution> WealthKernel provides a modular API-based platform that enables businesses to offer digital investment products without building the underlying infrastructure themselves. Their API provides access to client onboarding, account management, trading, custody, and portfolio management tools. This allows companies to quickly launch and scale investment offerings while focusing on their core business and user experience. WealthKernel handles the complexities of regulatory compliance and back-end operations, providing a secure and scalable solution for digital investment services in the UK and EU. </solution> <features> - API-driven access to investment infrastructure components - User onboarding with tailored flows, risk assessment, and automated KYC/AML checks - Support for various UK tax wrappers and accounts, including ISAs, GIAs, SIPPs, and JISAs - Flexible account funding options, including BACS, CHAPS, direct debits, open banking, and recurring payments - In-specie and cash asset transfers from other providers - Custody of client money and assets held at tier 1 banking and sub-custodian partners - Trading across thousands of fractional US and UK equities in multiple currencies - Programmatic portfolio rebalancing and performance tracking - Transaction reporting solution that integrates directly with the FCA portal - Appointed Representative service for faster market entry without FCA authorization </features> <target_audience> WealthKernel's primary customers are businesses looking to offer digital investment services to their users, including fintech companies, wealth management platforms, and traditional financial institutions. </target_audience> <revenue_model> WealthKernel uses a modular pricing model, allowing clients to select and pay for the specific API components and services they need. </revenue_model> ```
What does WealthKernel do?
WealthKernel provides a modular API infrastructure that enables companies to offer digital investment services, including client onboarding, trading, and portfolio management. This solution addresses the need for scalable and flexible investment functionality, allowing businesses to efficiently manage user accounts and transactions while ensuring regulatory compliance in the UK and EU.
Where is WealthKernel located?
WealthKernel is based in London, United Kingdom.
When was WealthKernel founded?
WealthKernel was founded in 2015.
How much funding has WealthKernel raised?
WealthKernel has raised 23020000.
- Location
- London, United Kingdom
- Founded
- 2015
- Funding
- 23020000
- Employees
- 49 employees
- Major Investors
- ETFS Capital