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Funding
Ramify raises EUR 11 million in Series A funding to support product development
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Jun 18, 2024
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Retail Trading Infrastructure

Retail Trading Infrastructure

Jun 18, 2024

Ramify raises EUR 11 million in Series A funding to support product development

Funding

  • Paris-based Ramify, a hybrid robo-advisory and wealth management platform, has raised EUR 11 million (~USD 11.8 million) in Series A funding, led by 13books Capital. Fidelity International Strategic Ventures, Newfund, AG2R, and others participated. Ramify's total funding now stands at EUR 14.5 million (~USD 15.6 million).

  • The funds will be used to support the development of its platform.

  • Ramify reported 20x growth in assets under management over the past 18 months.  

  • Founded in 2021, Paris-based Ramify is a hybrid robo-advisory and wealth management platform that offers a wide range of investment offerings, including managed portfolios in stocks, bonds, real estate, and other financial products such as Lombard Lending and Luxembourg Life Insurance.

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