Fintech startup Wealthy.in, a platform that enables individuals to become wealth managers by providing them with digital financial products and training, announced that it has raised $1.3 million in funding led by an early-stage venture capital firm, Good Capital, along with fintech venture capital firm, Emphasis Ventures (EMVC).
The previous investors was Venture Highway, Tracxn Labs, V1 Capital and Globevestor.
It is understood that the funds will be used to scale-up their partner base and continue further development of the platform to offer more financial products.
Aditya Agarwal, Co-founder of Wealthy.in, mentioned in a statement that “Our focus is to build a strong base of partners which we call ‘Wealth Managers.’ Over the last three years, we have realised that though there is a growing demand for online financial solutions that are convenient and paperless, there is an underlying trust issue that deters most end customers to build meaningful relationships. Our partners are helping solve this trust deficit by bringing a rules-based advisory experience to customers in their trust network.”
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