Fundment founder on £45m investment: We've 'done a fraction' of what we'll achieve

Huel investor backs fintech

Sahar Nazir
clock • 3 min read

Tech platform Fundment has secured £45m in Series C funding, led by Highland Europe and joined by ETFS Capital.

The funding will support product development, team expansion, and plans for future growth, Fundment founder Ola Abdul outlined in an interview with PA. "Technology moves quickly – you cannot rest – and this investment helps us keep Fundment at the cutting edge of adviser technology and service," Abdul said. "Last year, we launched digital drawdown, a Lifetime ISA, a new client dashboard, more fee flexibility, and bolstered our cash proposition. That is a fraction of what we are going to do." Investor ETFS Capital is an existing Fundment backer, having led a 2020 £3.4m funding round in...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Clive Waller on platforms sector change and a new sponsor for the Vanguard UK Platform Awards

Clive Waller on platforms sector change and a new sponsor for the Vanguard UK Platform Awards

The Vanguard UK Platform Awards in association with The Platforms Association

Clive Waller
clock 04 March 2026 • 2 min read
Vanguard to sponsor UK Platform Awards

Vanguard to sponsor UK Platform Awards

Professional Adviser continues as media partner

Professional Adviser
clock 04 March 2026 • 1 min read
Perspectives on platforms and progress – past, present and future

Perspectives on platforms and progress – past, present and future

'Platform providers need as much input as they can get if they want to stay ahead of the curve'

Steve Andrews
clock 19 February 2026 • 4 min read