Fynce

fynce.com ↗ ·Madrid ·Pre-seed

Fynce is a Madrid-based fintech building a digital wealth advisor for mass-affluent retail investors, combining personalised financial planning with automated, low-cost investment management via Android and iOS apps. Founded in 2022 by two CFA charterholders, it was one of 11 startups (from 300+ applicants) selected for the Tenity (ex-F10) incubation programme in Zurich in August 2023, receiving an initial CHF 50k investment; headcount has stayed at roughly 2 people.

Founded
2022
Founders
2
Total funds raised
CHF 50K
Rounds
1
Investors
1
Last round
Aug 2023
SectorsFintech, Wealthtech, Digital investment advisory, Personal finance Start-up MapFintech › Wealth & investing

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Founders

Carlos Escámez
Co-Founder
Miguel Carretero Rollón
Co-Founder

Global models 5

Scalable Capital
Digital wealth manager selling low-cost automated portfolios to retail investors through its app, earning an all-in management fee on assets.
$480MComparable
Betterment
United States · www.betterment.com ↗
The original robo-advisor: goal-based financial planning plus automated, low-fee ETF portfolios for mass-affluent retail clients, charged as a percentage of assets.
$435MComparable
Personal Capital
Hybrid digital wealth advisor that pairs free financial-planning tools with managed portfolios for mass-affluent investors, now part of Empower.
$265MComparable
Moneyfarm
United Kingdom · www.moneyfarm.com ↗
European app-based digital wealth manager that combines automated low-cost portfolios with access to human advisers for retail savers, charging an AUM fee.
$220MComparable
Wealthfront
United States · www.wealthfront.com ↗
Automated investing and financial-planning app for young mass-affluent investors, making money from a low annual advisory fee on managed assets.
$204MComparable

In the same niche 30 others

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Notes: Most funded first

Investors 1

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Funding rounds 1

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