ikigai: Fintech that Combines Banking with Wealth Management to Raise Capital on Crowdcube

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ikigai, a UK-based Fintech that combines banking and wealth management, will raise capital on Crowdcube. The securities offering is expected to go-live in mid-April.

Having already raised a pre-seed round of £2 million, ikigai plans to be the first UK Fintech to integrate banking and wealth management as well as private banking all in a single app.

According to the company’s website ikigai is crowdfunding for the following reason:

“ikigai is a well-funded Fintech with the backing of significant institutional investors, but we want to give our community the opportunity to be part of our journey as well. Our clients are at the heart of what we do and we want to ensure that as many of them as possible have the chance to own a part of our success. Along with our latest round of funding, all money raised through our crowdfunding campaign will be put towards accelerating our product and growing our team – the two things that will allow us to truly focus on providing the best-in-class service we know people want and need.”

ikigai was founded by two former McKinsey consultants.

Co-founder Maurizio Kaiser apparently “grew frustrated with the current premium banking offerings in the UK and has set out to fix this problem. While at McKinsey he met co-founder Edgar de Picciotto who wants to bring a premium service to the digital banking and wealth management landscape. The duo has set out to create the one Fintech app to rule them all – at least when it comes to consumer money management.

ikigai is not (yet) licensed as a bank but, similar to some other Fintechs, will be offering financial services as an EMD agent of PayrNet as well as an appointed representative of WealthKernal.

As for the securities offering, deal terms will become available once it goes live on Crowdcube. If you are interested, ikigai is accepting email registrations for the offering now.

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