Belgium-based wealth management startup Investsuite has raised a €2 million funding round led by PMV and joined by the founders and business angels.

Investsuite, which was co-founded by an experienced banking specialist Bart Vanhaeren (CEO) and Laurent Sorber, a PhD in Mathematical Engineering (CTO), is a white-label advisory solution for financial institutions. The investment advice is based on a proprietary algorithm. In 2019, Investsuite plans to expand its product range with a “next-generation retail trading platform,” the startup stated in a press release.

“We strongly believe in a cooperation with traditional financial institutions,” said Bart Vanhaeren, CEO of Investsuite. “The time to bring innovative wealthtech products to market can be significantly reduced and value can be created for all parties.”

Headquartered in Leuven, Belgium, Investsuite also has an office in Warsaw, Poland.

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