Greek-founded Wealthyhood announces a Seed round, led by Global Wealth Group as a strategic investor and joined by Genesis Ventures and a group of 20 leading angel investors from the UK, Greece, and Europe.
👯 Founders: Alexandros Christodoulakis, Konstantinos Faliagkas
📅 Founding year: 2020
🏭 Industry: Fintech, Wealth Management
💥 Problem: Many younger investors find it difficult to learn, save, and invest efficiently due to a lack of financial education, high investment barriers, and limited access to smart investment tools.
📣 Solution: Wealthyhood provides an easy-to-use wealth-building app that offers financial education, high-yield savings, commission-free investing, AI-powered tools, and automated investment features.
👥 Customers: Primarily younger generations looking to build wealth.
🌱 Stage: Seed
💰 Investment amount: €3.6 million
🚀 Funded by: Global Wealth Group (lead investor), Genesis Ventures, and 20 angel investors, including Dimitris Georgakopoulos and the Helidoni Group, Philippos Kourkoulos Latsis, Dimitris Tryfon and T-Life Capital, Alan Morgan, Thanasis Papangelis, and Thanasis Misdanitis.
👁️🗨️ Investor’s perspective:
“Global Wealth was created for one reason: to give everyone the opportunity to achieve financial freedom. This requires people having direct, digital access to manage their finances. We believe that the coming years will be the era of wealthtech globally. Today, we are taking the first decisive step with Wealthyhood, a company that has the technology, business model, and product to conquer this sector,” shared Michalis Ioannidis, CEO of Global Wealth.
💡 It will be spent on: Expanding into the Greek and European markets, enhancing its tech platform, advancing AI capabilities for personalized investing, and entering the B2B market by offering its platform to banks and financial institutions.
💬 In their own words:
“Wealthyhood was born from a simple realisation: the financial system has failed to offer meaningful access to the vast majority of people. Access doesn’t mean being able to buy a stock from a mobile app. It means having the tools, knowledge, and guidance to reach financial independence on equal terms. We share a common vision with Global Wealth, a vision for democratising investments and empowering our generation for financial prosperity,” shared Alexandros Christodoulakis, Co-Founder & CEO.
💪 Their specialty: Wealthyhood simplifies wealth-building with a user-friendly interface, AI-powered investment guidance, commission-free investing, and automated financial management.
🔑 Business model: B2C and B2B – direct-to-consumer investing app and platform licensing for banks/financial institutions.
👩🏫 Market: Younger investors in the UK, Greece, and Europe, as well as banks and financial institutions seeking digital investment solutions.
📊 Traction: 50,000+ active users in the UK within two years.
💰 Funding so far: €920,000
