A WealthTech platform has launched with over £6.6 million in equity investment from venture capital firms and angel investors.

Vega was set up by a team of former executives from leading hedge funds, private equity firms and FinTech scaleups.

“As a new generation of high-net-worth individuals emerges, we are building the financial products and technological infrastructure the wealth management industry needs to serve them,” said Alexis Augier, founder and CEO.

“Our goal is to provide a unified wealth management platform that transforms the experience for end-users while equipping advisors with institutional-grade solutions.”

With Vega, users can invest across the asset allocation spectrum and build diversified portfolios covering both private asset classes such as private equity, venture capital, private credit and real assets as well as public equities, fixed income and commodities.

Unlike legacy platforms focused on single-fund access, Vega leverages technology to construct diversified portfolios that combine multiple leading alternative asset managers — enabling users to invest in private markets in an optimal way while complementing their exposure with public asset classes, all on a single platform.

Beyond investment products, Vega is also building a wide range of liquidity and financial planning solutions. These will help wealth advisors and their clients unlock liquidity from — and optimise the management of — complex financial assets.

Vega’s founding team consists of financial experts from notable investment firms like Elliott, Blackstone, KKR and Goldman Sachs, along with product and engineering specialists from successful FinTech scaleups like Revolut and Trade Republic.

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“Vega was born out of a personal frustration with the gap in sophistication between what we were witnessing working as institutional investors and the fragmented, mass-market private wealth solutions available to us personally,” said Alfonso Bauzá de Mirabó, co-founder and COO. 

“We assembled a team of people who not only share this experience but are also passionate about tackling this disparity and redefining wealth management. Vega’s unique approach is powered by our team’s complementary skills across investing and technology.”

Vega is backed by Motive Ventures, Picus Capital, Citi Ventures, No Label Ventures and over 60 angel investors. These include senior partners from leading investment firms such as KKR, Blackstone and Permira along with FinTech executives with leadership experience at firms such as N26, Trade Republic and Klarna.

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