Finary has raised a $9 million Series A round led by Speedinvest and Y Combinator.
Finary, a Paris, France-based SAAS developer helping wealth managers to track their investments portfolio, raised $9 million series A equity funding round.
The money was raised from investors led by Speedinvest and Y Combinator and joined by angel investors Steve Anavi and Alexandre Prot (both Qonto’s founders), and Eric Demuth of Bitpanda.
Finary, founded in 2020 by Julien Blancher and CEO Mounir Laggoune, developed a software platform used for wealth management and providing access to an all-in-one, real-time dashboard of investments.
The platform is sold on a freemium model and the company says it is already hooked to about 10,000 banks and investment platforms from both Europe and the US connected to its system, as it covers crypto, real estate, precious metals, and startup investments overviews.
Finary was part of the European startups at Y Combinator in winter 2021 and later on raised a seed round closed at €2.2 million in 2021.