5 FinTechs digitising ‘WealthTech’ ecosystem in India

By Gloria Mathias

Economies of profit and loss have time and again emphasized the importance of saving, investing and managing wealth. With the evergrowing importance of creating wealth, it is essential to be cognizant of managing wealth.

Due to evolving FinTechs, the masses are better equipped to make informed financial investment decisions and be aware of the trends within the wealth allocation and management industry.

Changing demographics of advisors and investors, new asset classes, evolving business models, regulatory mandates, and intense competition characterize the Wealth Management and Private Banking industry. IBS Intelligence offers a broad spectrum of insights in the industry, ranging from thought leadership, and consulting engagements, to in-depth coverage of 30+ technology vendor profiles, their clients, and their implementation experiences.

Below listed are 5 FinTech platforms that help make financial investments seamless:

• Centricity

Founded in January 2022, Centricity helps empower finance and investment professionals aspiring to establish their independent practices. The platform aims to deliver a comprehensive SaaS-based investment management platform including digital transactional capabilities for a diversified product suite.

• Stack Wealth

Stack allows exclusive wealth creation opportunities by helping one invest in premium multi-asset portfolios managed by real experts. Invest in debt, Indian & US equity, gold, private credit, and more exclusive opportunities based on your risk appetite to reach your financial goals. You can track, automate, and predict your wealth growth on the app and be aware of your investments through simple, detailed weekly & monthly reports.

• Tyke 

Tyke is an end-to-end engagement platform catering to the needs of individuals and high-growth businesses. It strives to make the investment space more inclusive by granting retail investors access to opportunities that were previously available only to a very small portion of the population.

• Wealthzi

Wealthzi is an independent digital wealth management service embarking on a mission to help Indians achieve their true wealth potential. Wealthzi helps to create a long-term wealth plan and make risk-appropriate portfolios, devoid of clutter and unwanted risk and exposure. It intends to make the wealth journey rewarding.

• Wint Wealth

Wint Wealth is a FinTech platform providing a conjunction for buyers and sellers of fixed-income securities. It carefully curates’ assets from the debt market that give investors fixed returns in a tenure of 1-3 years. Wint Wealth’s strength lies in the meticulous curation of the bonds that go live on our platform. Wint Wealth also invests a small % in every bond that goes live for its users.

ALSO READ: Wealth Management & Private Banking Systems Report Q2 2023