Wealth-8

Wealth-8

Black-owned investment platform offering simple, affordable access to globally managed funds with a focus on financial empowerment. Learn more

Launch date
Employees
Company register number 12513370
London England (HQ)
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DateInvestorsAmountRound
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N/A

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£350k

Seed
Total Funding€420k

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Wealth8 is a modern investment platform designed to democratize investing for the black community. It offers a simple, affordable, and accessible way for individuals to invest in diversified portfolios and build long-term wealth. The company operates in the financial services market, specifically in the investment sector, and serves clients who are looking to grow their wealth through investing.

Wealth8's business model is straightforward. It allows clients to invest in hundreds of global companies across a range of diversified portfolios, which are managed by reputable financial institutions like BlackRock and J.P. Morgan. The platform does not charge any setup or exit fees, making it cost-effective for users to start investing. Instead, it charges a 1% annual fee from the client's portfolio.

The company also places a strong emphasis on security, using 256-bit TLS encryption to protect personal information and ensuring that money and assets are held separately with a custodian.

Wealth8 also provides educational resources to its users, helping them understand investment terminologies and make informed decisions. The platform is user-friendly, with clients praising its ease of use and the simplicity of the investment process.

In summary, Wealth8 is an investment platform that aims to empower the black community to become financially independent by providing an affordable and secure way to invest in diversified portfolios.

Keywords: Investment, Black Community, Financial Services, Diversified Portfolios, BlackRock, J.P. Morgan, User-friendly, Security, Financial Education, Financial Independence.