Wealth8 is an investing platform aimed primarily at the Black and Multi-ethnic community, the African diaspora population in the UK, and Africans.
“WealthKernel has been an exceptional partner and enabled us to bring our vision to life by utilising their technology platform and infrastructure.”
Co-founders David and Bimpe launched Wealth8 with a vision to build a vibrant community and offer underserved audiences access to affordable investment products.
The Wealth8 team approached us to power their new investment platform, initially as a white-label service, which launched in 2021.
Taking advantage of our white label robo-advisor service, Wealth8 successfully launched at pace, offering its users GIAs and ISAs, and access to a variety of managed portfolios in collaboration with Blackrock.
Like many of the early-stage startups we partner with, Wealth8 is also operating as an Appointed Representative of WealthKernel. Sitting under our regulatory umbrella means that it is able to operate and provide services to its users, as they wait on becoming directly authorised by the FCA.
Comprehensive trading built on cutting-edge tech. Trade thousands of fractional securities across markets in multiple currencies.
We’re a fully licensed custodian for client money and assets in the UK. Cash and securities are held at tier 1 banking and sub-custodian partners.
Onboard your users with ease, with tailored onboarding flow rules, questions to cover risk and suitability, and automatic KYC and AML checks.
Access a range of UK tax wrappers and accounts tailored to fit your customers needs including ISAs, GIAs, SIPPs, and JISAs.
We support BACS, CHAPS, direct debits, open banking, instant matching deposits, recurring payments, and standing orders.
We enable users to transfer their assets held at another provider into our accounts at WealthKernel. The transfers can be made in cash or in-specie.
We’re a fully licensed custodian for client money and assets in the UK. Cash and securities are held at tier 1 banking and sub-custodian partners.
Comprehensive trading built on cutting-edge tech. Trade thousands of fractional securities across markets in multiple currencies.
Seamlessly manage models, programmatically rebalance, track performance data, manage fee accrual, model drift, and more.
Our transaction reporting solution feeds directly into the FCA’s portal and eliminates the need for our Tenants to have an external reporting mechanism.
With WealthKernel's Appointed Representative service, you can get to market faster without the need for an FCA authorisation.
