UAE's Vault Wealth Secures Investment Led by Peak XV Partners, Launches Wealth Management Platform
Vault Wealth, a new digital wealth management platform based in the United Arab Emirates, has successfully secured an investment round led by prominent venture capital firm Peak XV Partners, with continued support from existing investor Outliers VC. Coinciding with this strategic funding, Vault Wealth has officially launched its platform to the public.
Innovative Wealth Management for Affluent Investors
The newly launched platform is specifically designed to cater to affluent investors who possess over $100,000 in liquid assets. Vault Wealth aims to redefine wealth management by seamlessly integrating expert advisory services with cutting-edge technology. The platform offers a comprehensive suite of services, including personalized financial planning, goal-based portfolio management, and access to global financial markets. A key differentiator is its provision of investment opportunities in diverse private markets, such as private equity, venture capital, private credit, and real estate.
Key Investors and Regulatory Milestone
The investment round was spearheaded by Peak XV Partners (formerly Sequoia Capital India & Southeast Asia), a leading venture capital firm known for backing innovative companies in the region. The continued participation of Outliers VC also underscores ongoing confidence in Vault Wealth's vision and capabilities. This launch and funding follow a significant regulatory achievement for the company: obtaining a license from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) in mid-2023, paving the way for its operations.
About Vault Wealth
Vault Wealth is a UAE-based financial technology company operating a digital wealth management platform. It aims to provide affluent investors with sophisticated, technology-driven solutions for financial planning and investment management. By combining human advisory expertise with a robust technological infrastructure, Vault Wealth offers access to a broad range of global and private market investment opportunities, tailored to individual financial goals.
Impact on the UAE WealthTech Sector
The emergence of Vault Wealth, backed by notable investors and licensed within the reputable ADGM framework, signals further maturation and dynamism in the UAE's WealthTech sector. The platform's focus on affluent investors and its blend of digital convenience with access to private market investments address a growing demand for more sophisticated and diversified wealth management solutions in the region.
Looking Ahead
With fresh capital and its platform now live, Vault Wealth is poised to attract affluent clients in the UAE and potentially the broader region. The company's ability to combine technological efficiency with expert financial guidance and unique investment opportunities will be key to its growth as it seeks to establish itself as a leading player in the competitive WealthTech landscape.
Source: Jawla