Wealth Reader

Wealth Reader

API providing standardised, real-time access to any entity's financial assets. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD3—5m (Dealroom.co estimates Mar 2023.)
Company register number B44575942
Alcorcón Community of Madrid (HQ & founding location)
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DateInvestorsAmountRound
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€500k

Seed
Total FundingCAD750k

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WealthReader is a financial technology company that specializes in providing standardized, real-time access to financial assets through a single API connector. The company operates primarily in the wealth management and financial services market, serving clients such as private banks, roboadvisors, and other financial institutions. WealthReader's business model revolves around offering a robust API that allows seamless data extraction from various financial entities, ensuring maximum security and compliance with regulated environments like PSD2. The company is in the process of obtaining ISO 27001 certification, which underscores its commitment to data security and operational excellence. WealthReader generates revenue through subscription fees for its API services, catering to clients who require reliable and secure access to financial data. The company prides itself on its 100% in-house staffing in Spain, providing exceptional support with demanding Service Level Agreements (SLAs).

Keywords: API, financial assets, real-time access, wealth management, private banks, roboadvisors, data extraction, PSD2, ISO 27001, Spain.