In its efforts to expand its UK operations, adviser investment platform provider Fundment has secured £3.4m funding from global investment company ETFS Capital.
The firm provides white label platforms to adviser and wealth management firms and is attempting to disrupt the platform sector. It is the fourth funding round the company has completed after the venture capital arm of the Gothenburg-based firm Collector Bank invested in the firm in 2017 a few months after its operations went live in the UK. Over the course of the next year the business said it planned to launch a number of new products, including a corporate workplace pensions and an auto-enrolment solution. The firm said it was onboarding around two adviser firms a week and was in disc...
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