What is WealthTech?
Everyone in the startup space has heard of FinTech, however WealthTech as a market sector in our view, up to this point of time has been mostly overlooked or grouped into the FinTech definition. However it is very different and we believe that the WealthTech market is one of the greatest, high-value opportunities for a global industry disruption. For us as an Alternative Asset Investment manager and VC firm, it’s a key focus in what we do.
So what is the WealthTech market? Simply, it’s the investment and wealth management industry. Whether this industry likes it or not, the world of Investment and wealth management is about to enter a new era undergoing an unprecedented change which presents innovators with the ability to build global product and ecosystems that can positively transform a global industry which has traditionally lacked imagination and changed only through necessity.