FinTech Ameetee raises $1m to launch B2B platform for financial institutions

By Delisha Fernandes

Ameetee, a FinTech startup, has raised a $1 million seed round to launch a B2B FinTech platform that provides financial institutions with a universal solution to offer their customers investment in private companies in the form of transferable securities.

The funding was backed by a group of business angels, including Jamie Karraker, founder of Alto Pharmacy, unicorn, and will be used to develop a marketplace where these securities can be traded and to launch the first educational course for banks and brokers lacking knowledge on how to invest in private companies.

The online investment platform market is experiencing significant growth and is anticipated to surge to $30.42 billion by 2032, with a CAGR of 16%. Most investment platforms mainly provide basic information about potential opportunities and leave organizational staff on the client’s side, while Ameetee goes the extra mile by taking care of the entire process from vetting the deal with investment professionals to ensure its quality to issuing a security accompanied by a full set of documents for brokers, financial advisors and their end clients.

“With the online investment platform market already overstepping $8 billion in 2022, many banks and wealth managers lack resources to compete with such platforms and offer a wide audience a simple and understandable way to invest in private companies. Ameetee helps banks to retain customers and expand their offerings , while simultaneously empowering   investors, who won’t need to seek alternative opportunities themselves but will be able do it with the help of their bank manager or even through an app,” said Mila Khrapchenko, Co-Founder and Co-CEO of Ameetee.

Ameetee directs its efforts towards the development of the FaaS (Fintech-as-a-Service) segment of the FinTech market, which is anticipated to show substantial growth and is predicted to reach $949 billion by 2030. This growth is attributed to the increasing demand for digital financial services and the integration between innovative FinTech startups and legacy financial organizations.