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...

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