Wealthyhood, the investment app built for the next generation of investors, just closed a €6 million funding round led by the Bank of Cyprus. By combining Wealthyhood’s “wealthtech” stack with the Bank of Cyprus’s massive market reach, the two are aiming to modernize how Europeans save and invest.
Fast Facts
- The Funding: €6 million.
- Lead Investor: Bank of Cyprus (with participation from long-time backer Genesis Ventures).
- Current Traction: 60,000+ users in the UK and 10,000+ in Greece (just months after launch).
- The Goal: Expand deeper into Europe and upgrade their AI to make investing even more personalized.
For a long time, the financial world felt like a closed-door club. If you didn’t have the right jargon or a massive pile of cash, you were essentially left out. Greek Wealthyhood set out to change that in 2020, and today, they’ve secured a major vote of confidence to take that mission to the next level. Not even a year after their seed round!
With 60,000 users already on board in the UK and a rapidly growing community in Greece, Wealthyhood is moving beyond being just an app. This new funding is the fuel for a massive push across the rest of Europe and a serious upgrade to its AI capabilities. The goal is to make the investing experience feel less like a chore and more like a personalized, automated journey toward financial independence.
Perhaps the most interesting part of this evolution is Wealthyhood’s move into the B2B space. They aren’t just helping individuals; they are now positioning their technology as the “engine” for traditional banks. By licensing their tech stack, they’re helping older financial institutions modernize their services to finally meet the needs of a younger, tech-savvy generation.
At its core, the mission remains what founders Alexandros Christodoulakis and Konstantinos Faliagkas envisioned: a world where investing is intuitive, educational, and accessible to everyone. It’s a holistic approach that combines “Savings Vaults” for your cash, commission-free investing for your future, and an “Autopilot” feature to handle the heavy lifting.
As Alexandros puts it, the “goal is simple: We want to build the best investment app a user could ask for,
combining education, savings, investments, and automation through a seamless and personalised experience. With the strategic investment from the Bank of Cyprus, we are positioned to become the go-to app for millions of Europeans who want to build their financial future.”
With €6 million in the bank and a major strategic partner by their side, Wealthyhood is now well positioned to achieve that.
