Wealthyhood Europe is a Greek-regulated custodian and wealth-building app. The company aims to guide European, and especially Greek, millennials in creating a fully personalised investment portfolio that matches their preferences, encourages continual investment through low fees, and can be automatically maintained.
Wealthyhood UK was an existing tenant of WealthKernel and was among the first to use our real-time US equity trading infrastructure. Earlier, they had tapped WealthKernel to build and offer ETFs to their customers.
For their Greek operations, Wealthyhood was looking to continue to use WealthKernel’s API-first brokerage and custody to speed up their processes, move customer money internally and allocate cash to relevant portfolios before trading. With WealthKernel, the company will now be able to service Greek customers at speed. Under the proposed model, Wealthyhood can have individual sub-accounts under a main account, managed by a single party. It also allows deposits, trading, and dividends to flow smoothly through our platform, facilitating transaction monitoring and settlement.
With WealthKernel’s infrastructure, Wealthyhood Europe’s customers will be able to have access to brokerage accounts where they can deposit funds in Euros, and trade in US equities, EU ETFs, and more. WealthKernel’s API-based custody will also simplify Wealthyhood’s ability to manage money movement, corporate actions, transaction reporting, and client statements.
Wealthyhood and WealthKernel share a common mission of democratising access to finance. By partnering with WealthKernel, the company is helping Greek millennials to start their investment journey with accessible, smart tools and personalised guidance.
As our first European tenant, Wealthyhood highlights WealthKernel’s readiness to cater to the European market. It also shows how we can scale our technology and capabilities to adapt to varying regulatory and operational demands.
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.