Global Wealth Group leads investment to boost European expansion.
-- Wealthyhood announces a €3.6 million Seed round, led by Global Wealth Group as a strategic investor and joined by Genesis Ventures and a group of 20 leading angel investors from the UK, Greece, and Europe, including Dimitris Georgakopoulos and the Helidoni Group, Philippos Kourkoulos Latsis, Dimitris Tryfon and T-Life Capital, Alan Morgan, Thanasis Papangelis and Thanasis Misdanitis leading a group of angel investors.
The new funding round will fuel Wealthyhood's expansion into the Greek and European markets, enhance its tech platform, and advance its AI capabilities to deliver an even more personalised investing experience to its user base. The company is also entering the B2B market, offering its investment platform to banks and financial institutions.
The deal also establishes a strategic partnership with Global Wealth Group, one of the fastest-growing asset managers in Southern Europe, serving 3,000 clients and managing over €600 million in assets in just 5 years.
About Wealthyhood
Wealthyhood is the wealth-building app helping younger investors learn, save, invest and build wealth privately. Committed to making investing easier, more accessible and transparent, the company has already attracted over 50,000 active users in the United Kingdom within just two years of launching its app.
Wealthyhood focuses on empowering and guiding users to start building their wealth, regardless of their knowledge, experience or available capital, through a user-friendly and modern environment. The investment experience revolves around four pillars:
- Financial education: Wealthyhood has developed a dynamic knowledge ecosystem with more than 50 interactive lessons, daily market analyses, bit-sized summaries and insights tailored to each user’s needs, leveraging the power of AI.
- Saving: Wealthyhood’s Savings Vaults are high-yield accounts, paying market-beating interest on uninvested cash balances.
- Investing: Users can invest in the largest and most innovative companies in the world from €1, with zero commissions and fractional shares, while smart tools, such as the AI Portfolio Builder, guide them through their investment journey.
- Automation: Wealthyhood Autopilot automates the saving and investment process with just one click, setting up repeating monthly investments, savings and automated rebalancing.
About Global Wealth
Global Wealth Group PLC, listed on the Cyprus Stock Exchange (CSE: WEALTH), is one of the fastest-growing asset managers in Southern Europe. Serving more than 3,000 institutional and private investors, the company has now surpassed €600 million in assets under management, growing by over 500% in just five years.
Global Wealth offers over 50 innovative mutual and alternative funds across stocks, bonds, renewable energy, and real estate. The strategic investment in Wealthyhood’s round is part of the company’s strategy to expand in the fintech sector across Europe.
Alexandros Christodoulakis, Co-Founder & CEO of Wealthyhood, emphasises: “Wealthyhood was born from a simple realisation: the financial system has failed to offer meaningful access to the vast majority of people. Access doesn't mean being able to buy a stock from a mobile app. It means having the tools, knowledge, and guidance to reach financial independence on equal terms.”
Wealthyhood shares a common vision with Global Wealth, a vision for democratising investments and empowering a new generation of investors for financial prosperity.
Their goal is to build the best investment app a user could ask for, combining education, savings, investments, and automation. Above all, however, their goal is to build a relationship of trust and transparency with the Wealthyhood community. This isn't given away, can't be written in code, nor bought with ad campaigns. But it can be earned, step by step!
In just two years, Wealthythood has managed to attract over 50,000 users in one of the most competitive and demanding markets, that of the United Kingdom, with minimal marketing spend. With the strategic support of Global Wealth, Wealthyhood aims to become the go-to app for millions of Europeans who want to build their financial future. According to Wealthyhood’s CEO, Alex Christodoulakis their mission is to help users get started investing, become better investors day by day and build wealth under their own terms! And they will do that as the first Greek investing app!"
From his side, the CEO of Global Wealth, Michalis Ioannidis, stated: "Global Wealth was created for one reason: to give everyone the opportunity to achieve financial freedom. This requires people having direct, digital access to manage their finances.” They believe that the coming years will be the era of wealthtech globally.
This is the first decisive step with their strategic investment in Wealthyhood, a company that has the technology, business model, and product to conquer this sector.
Disclaimer: The investment is subject to approval from the relevant regulatory authorities. When investing, one’s capital is at risk. The value of one’s investments may go up as well as down. Wealthyhood does not render investment, financial, legal, tax or accounting advice.
Contact Info:
Name: George Fakorellis
Email: Send Email
Organization: WealthyHood
Website: https://wealthyhood.com/eu/
Release ID: 89156989
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