RockFi Raises €18 Million to Accelerate Wealth Management Growth
RockFi Raises €18 Million to Accelerate Wealth Management Growth

RockFi Raises €18 Million to Accelerate Wealth Management Growth

News summary

RockFi, a Paris-based fintech focused on private wealth management, has successfully raised €18 million in a Series A funding round led by Partech, following a prior €3 million pre-launch round. The investment, which includes participation from existing investors and several business angels, will be utilized to accelerate RockFi's growth and support its ambitious target of managing €1 billion in assets by the end of 2026. The company, founded in 2023, aims to redefine wealth management by blending human expertise with advanced technology, offering a range of services to high-net-worth clients, including entrepreneurs and athletes. With plans to recruit 60 new private bankers and double its engineering team, RockFi is also enhancing its technology with a new client portal for real-time asset reporting. Currently, the fintech has attracted 500 clients and boasts a 25% monthly growth rate, reflecting strong demand in the sector. The company is poised to establish itself as a leader in next-generation wealth management across Europe.

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