Timeline has raised £6m in financing to fund “rapid new business growth” and enhance its financial planning technology and model portfolio service for financial advisers.
The fundraising was led by MTech Capital, a financial services-focused venture capital firm. Other major players in the financing include leading global wealth management platform and existing investor, FNZ, and Darren Carter, non-executive director at Peel Hunt. Timeline was founded in 2018 by Abraham Okusanya, the firm's chief executive(pictured). It has developed an end-to-end financial planning platform for UK IFAs that includes modules for client fact find, risk profile, cashflow modelling, investment analytics and Betafolio - a suite of low-cost model portfolios used by firms an...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
