Former executives from major European neobanks Revolut and N26 have teamed up to launch Quartz, a London-based digital private banking platform. The startup uses artificial intelligence to simplify wealth management and currently manages around €11.7 million in assets.
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The founders successfully raised £2.75 million (roughly €3.2 million) in a seed funding round led by the French venture capital firm Daphni. More financial support came from Outward, K Fund, and several angel investors. This capital helped secure regulatory licenses in the United Kingdom, expand the team across London, Porto, and Barcelona, and build the core technology connecting users to traditional financial institutions.
Digital banking and financial services startup founders Europe: AI-driven wealth management
Quartz features an AI assistant named Charlie designed to analyze portfolios, track investments, and send helpful alerts without ever moving funds directly. By using a straightforward, flat-fee subscription model instead of charging asset-based commissions, the platform aims to make private banking accessible to everyone, helping shape upcoming industry events and future career jobs.
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