Eos Ventures has led an £8 million Series A funding round for Sidekick, a London-based wealth management platform bridging the gap between entry-level investing apps and traditional private banking. The round also includes backing from the Development Bank of Wales, Koro Capital, Seedcamp, MS&AD Ventures, TheVentureCity, PactVC, Blackwood, 1818 Venture Capital, and Semantic Ventures.
Founded in 2022, Sidekick targets professionals whose financial needs have outgrown basic investing tools but whose wealth is below the thresholds demanded by full-service private banks. The platform assembles features including long-term investing, personalized portfolios, access to private markets, and Lombard lending, enabling customers to borrow against their investment portfolios, a service traditionally only available through mainstream private banks.
“Over the last decade technology has transformed financial services, from trading and everyday banking to credit and insurance, yet private banking has largely been left behind,” said James Tootell, Partner at Eos Ventures. “Sidekick is applying the same modern, digital approach to wealth, delivering greater access, transparency and control to a segment that has traditionally been underserved.”
The new funding will support Sidekick’s team expansion, accelerate product development, and drive continued customer growth. The company plans to expand its operations in Cardiff, creating roles in customer service, compliance, and operations.
This investment aligns with Eos Ventures’ focus on companies operating at the intersection of finance and technology, leveraging the firm’s expertise in fintech and wealth management to support Sidekick’s mission to democratize access to sophisticated wealth management tools.
For more information about Sidekick and its platform, visit www.sidekick.money.
Read More: Sky News
