London-based fintech, 1fs Wealth, has been awarded the accolade of WealthTech of the Year at the UK FinTech Awards 2023.
The awards celebrate the ‘best and brightest’ the fintech and financial services industries have to offer. As well as taking the top spot, 1fs co-founder, Bobby Console-Verma, was named a finalist in the category of Director of the Year, with the company also being nominated for Team of the Year.
1fs Wealth has developed an innovative digital wealth visibility platform, which supports wealth owners to consolidate all their assets, control risk, create and manage complex corporate structures, facilitate succession planning, assess sustainability and analyse the performance of complex global portfolios. Judges at the awards were particularly impressed by the company’s integration of AI, as well as the platform’s capability to support ESG and succession planning.
With a growing client base of family offices, HNWIs and wealth managers across the world, 1fs could soon be adding to its trophy cabinet having been shortlisted as a finalist in the category of Wealthtech Company of the Year at the London Fintech Awards and Europe FinTech Awards, and also being in the running for a Bold Award in the category of Boldest SaaS.
With strong ambitions for growth, 1fs Wealth recently secured the backing of US venture capital firm, Singularity Capital. Based in Arizona, Singularity Capital was founded by seasoned entrepreneur G.S. Jaggi and is the venture capital arm of the Jaggi Family Office. The company has come on board as both a client and valued investor.
The investment followed an earlier announcement in December 2022 that 1fs Wealth had secured the backing of finance and technology heavyweight, Dominique Cerutti.
