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§ Private Profile · Rise London, 41 Luke Street London, EC2A 4DP United Kingdom
WealthOS is a technology company.
WealthOS provides a cloud-native, modular operating system delivered as Software-as-a-Service, specifically designed for digital wealth management products. The platform is API-first, handling essential backend technology, infrastructure, and processes for investment and retirement solutions. It aims to accelerate digital adoption and innovation within the wealth management sector by offering extensive automation and orchestration capabilities, enabling wealth managers to deploy new propositions efficiently.
Anton Padmasiri and Chamat Arambewela co-founded WealthOS in 2019. Their insight stemmed from observing the significant costs and time involved in developing high-quality digital wealth management solutions. Drawing on their prior experience at prominent financial institutions, they sought to build a more agile and cost-effective technological foundation for the industry, addressing a critical need for modern infrastructure.
The company primarily serves wealth managers, equipping them with the tools to focus on client experiences and relationships rather than core technological overhead. WealthOS's overarching vision is to foster equitable financial access globally by building the necessary digital infrastructure. This forward-looking approach positions the company as a key enabler for the future evolution of wealth management services.
WealthOS has raised $8.0M across 2 funding rounds.
WealthOS has raised $8.0M in total across 2 funding rounds.
WealthOS is a London-based technology company founded in 2019 that provides a cloud-native, modular SaaS platform for digital wealth management.[1][2][3][4] It serves financial institutions, wealth managers, and advisers by handling middle and back-office functions—such as onboarding, account funding, tax wrappers, portfolios, trading, and account management—enabling them to launch products like GIAs, ISAs, and SIPPs three times faster and 40% cheaper than legacy systems.[1][2][3][4] The platform solves the inefficiencies of outdated WealthTech infrastructure through automation, orchestration, and no-code integrations, allowing firms to focus on customer experiences and growth while reducing operational costs.[2][3][4]
WealthOS has demonstrated strong momentum, securing investment from Barclays Bank and Main Set (part of Capricorn Capital Partners UK) to expand its platform and client base.[1][4] Recognized in the WealthTech 100 lists for 2023, 2024, and 2025, and winning the Outstanding Innovation award at the 2024 Private Banking and Wealth Management London Awards, it operates across the UK and Sri Lanka as a minority-founded business promoting equitable financial access.[3][5]
WealthOS was founded in 2019 by Anton Padmasiri (CEO) and Chamat Arambewela (COO), both with deep fintech expertise.[1][3][5] Padmasiri, with over 20 years in wealth management including at Fidelity and Smart Pension, grew frustrated with inadequate platforms while relaunching Fidelity's SIPP; this pain point inspired WealthOS as a user-centric, cloud-native alternative.[5] Arambewela brings 15+ years from the London Stock Exchange Group (LSEG) and London Clearing House, designing mission-critical trading, market data, and clearing platforms for global venues.[5]
The team, including product specialists and technologists with six decades of combined experience from Fidelity, LSEG, Smart Pension, and Russell Investments, bootstrapped the platform to early product-market fit.[3][4][5] Key milestones include UK market availability, recent funding from Barclays and Main Set, and consistent WealthTech 100 recognition, reflecting rapid evolution from idea to scalable infrastructure.[1][3][5]
WealthOS stands out in the crowded WealthTech space through its purpose-built architecture and industry-honed features:
These elements create a "future-ready" OS that outperforms legacy systems, as validated by investors like Barclays.[4]
WealthOS rides the wealth management digitization wave, addressing legacy system bottlenecks amid rising demand for scalable, low-cost digital products in a post-pandemic, AI-driven fintech era.[1][2][4] Timing is ideal: regulatory pressures for efficiency (e.g., consumer duty in the UK), client expectations for seamless apps, and market growth in retail investing/ retirement savings favor modular SaaS over monolithic platforms.[3][4]
It influences the ecosystem by democratizing access—via equitable infrastructure from its minority-founded roots—and enabling faster innovation in underserved segments like SIPPs and ISAs.[3][5] By integrating emerging tech (e.g., blockchain, AI) and prebuilt connectors, WealthOS accelerates fintech adoption, reduces barriers for smaller managers, and supports consolidation in a fragmented £multi-trillion UK wealth market.[2][4]
WealthOS is primed for expansion, leveraging its funding to scale distribution, enhance AI/blockchain features, and enter new markets beyond the UK.[1][4] Trends like embedded wealth services, regulatory tech mandates, and personalized retirement products will propel growth, with its modular design positioning it as infrastructure for the next wave of fintech disruptors.[2][4]
Its influence could evolve from niche innovator to category leader, powering more AUM onboarding and ecosystem partnerships—ultimately redefining digital wealth as accessible and efficient for all, true to its founding vision.[3][5]
WealthOS has raised $8.0M in total across 2 funding rounds.
WealthOS's investors include Barclays Bank, Connect Ventures, Outrun Ventures, Charlie Songhurst.
WealthOS has raised $8.0M across 2 funding rounds. Most recently, it raised $5.0M Seed in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 10, 2024 | $5M Seed | Barclays Bank | — | Announced |
| Nov 1, 2023 | $3M Seed | — | Connect Ventures, Outrun Ventures, Charlie Songhurst | Announced |