back Back

Ramify raises €11m to boost its wealth management platform

By Gloria Methri

June 18, 2024

  • 13books Capital
  • AG2R
  • Crédit Agricole
Share

Ramify, Wealth Management, Financial Advisory, FinTech, France, EuropeRamify, the Paris-based wealth management and financial advisory platform, has announced a €11 million Series A funding round. The round was led by 13books Capital, with participation from Fidelity International Strategic Ventures and existing investors Newfund, AG2R, Crédit Agricole and business angels. The funding will enable Ramify to accelerate its development and become the go-to investment solution for the new generation of affluent investors in France.

Founded in 2021 by Olivier Herbout and Samy Ouardini, Ramify addresses the evolving needs of investors seeking high-quality investment solutions and simplifies access to multi-product asset management. The all-in-one investment platform provides a comprehensive wealth management solution that combines digitalisation, advisory, and reduced fees.

Primarily targeting French individuals with €100,000 to €5 million in financial assets, it offers access to a wide range of financial products, tax solutions, and premium services. Its unique market offering includes stocks, bonds, real estate, private equity, cash, structured funds and crowdfunding. The most affluent investors also benefit from exclusive services such as Lombard lending, Luxembourg life insurance, and art investments.

Olivier Herbout, co-founder and Chief Investment Officer of Ramify, said, “We thank our investors for their trust. The success of this funding round, achieved despite the challenging economic context for tech and particularly FinTech, underscores the relevance of our value proposition. This operation marks a major milestone in the Ramify journey and will enable us to become the leading premium investment solution for the new generation of investors in France.”

Michael McFadgen, Co-founder and Partner at 13books, added, “We’re thrilled to back Samy, Olivier and the team at Ramify, who are at the forefront of a major shift in wealth management. Intergenerational wealth transfer will bring major changes in the behaviour of investors and disrupt existing businesses. Their unique and comprehensive product offering is attracting a new generation of tech-savvy investors. With an exceptional team driving impressive growth, Ramify is set to become the go-to investment solution for the new generation of affluent investors. We are thrilled to back them.”

Previous Article

June 18, 2024

GoCardless partners with Federation of Small Businesses to tackle late payments

Read More
Next Article

June 18, 2024

Dubai-based Payroll FinTech NOW Money secures $4m

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

13books Capital

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

4 BNPL platforms providing financial freedom to consumers in MENA

Read More

Today

Plum, UK’s smart money app raises £16m Series B

Read More

July 22, 2024

5 FinTechs boosting Wealth Management in the USA

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024