French angel investor Dominique Cerutti has backed London-based FinTech 1fs Wealth.
The finance and technology heavyweight spent more than 20 years at IBM during a stellar international career.
1fs Wealth is an innovative platform that can support wealth owners to control and consolidate all their investments and collectables in one place.
As well as investing in 1fs, Cerutti will be taking a place on the company’s advisory board, alongside other senior figures from across the realms of finance, banking, investment, software development, accountancy and the family office community.
The high profile angel investor brings a wealth of experience, including heading up NYSE Euronext, the third-biggest operator of stock exchanges in Europe.
He was then CEO and chairman of Altran before joining Adarma as chairman, one of the largest independent security services companies in the UK.
Bobby Console-Verma, CEO of 1fs Wealth, said: “This investment is a huge show of confidence in the 1fs Wealth team, our platform and future growth plans. Dominique joins us at a pivotal time, as we look to target rapid growth in key markets, including the UK, Europe and US.”
The 1fs Wealth platform supports wealth owners to consolidate their assets, control risk, manage ownership and analyse portfolio performance through the efficient use of data and innovative technology.
The company closed its seed funding round in December 2021, securing the backing of 14 investors.
The 1fs Wealth platform is already used by wealth owners and family offices across the world, who particularly value its ability to support succession planning.