UK wealth-tech Sidekick has raised £7.8m in Series A funding as it looks to expand access to investment products traditionally available only through private banks.
The round was led by Eos Ventures and the Development Bank of Wales, with participation from Koro Capital and existing investors including Seedcamp, MS&AD Ventures, TheVentureCity, PactVC, Blackwood, 1818 Venture Capital and Semantic Ventures.
Founded in 2022, Sidekick targets professionals whose financial needs have become more complex as incomes and assets grow, but who find traditional private banking expensive, opaque or inaccessible. The platform is positioned as a middle ground between entry-level investing apps and full-service private banks, offering greater transparency and control for customers managing larger balances and long-term wealth.
Unlike most digital wealth platforms, Sidekick has been built for complexity rather than simplicity. Its offering combines long-term public market investing, customised portfolios and — for eligible investors — access to private market opportunities. It also provides Lombard lending, allowing customers to borrow against their investment portfolio without selling assets, a form of financing historically restricted to private banking clients.
The platform includes managed strategies such as its All Weather portfolio, designed to balance risk across different market environments. Alongside investing, Sidekick offers cash management products aimed at customers holding significant balances. Its Multi Shield Savings product allows users to spread cash across multiple partner banks within a single account, helping them maximise FSCS protection while retaining liquidity.
Sidekick now supports more than £145m in customer assets, reflecting growing demand from professionals seeking greater control and visibility as their financial affairs become more sophisticated.
Matt Ford, founder and CEO of Sidekick (pictured), said: “Many professionals look financially successful on paper but still feel uncertain about whether their money is working hard enough. They’ve outgrown entry-level investing tools, yet traditional wealth management often feels overcomplicated and expensive. Sidekick is designed to remove unnecessary friction and give people access to investment capabilities that have historically sat inside private banking. This funding allows us to scale that approach and reach more people who want transparency rather than complexity.”
The Series A capital will be used to expand Sidekick’s product offering, accelerate investment capabilities, and grow its team. As part of its expansion plans, the company is building out operations in Cardiff, supported by the Development Bank of Wales, creating new roles across customer service, compliance and operational functions.
James Tootell, Partner at Eos Ventures, said Sidekick is addressing a long-standing gap in financial services: “While technology has transformed areas like payments, trading and everyday banking, private banking has largely been left behind. Sidekick is applying a modern, digital approach to wealth, delivering access, transparency and control to a segment that has traditionally been underserved.”
Jack Christopher, Investment Executive at the Development Bank of Wales, added: “Our investment reflects our commitment to backing ambitious fintech businesses in Wales. Sidekick is building high-value products, creating skilled jobs and delivering real economic impact, while helping modernise how wealth management works for a new generation of professionals.”
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Sidekick raises £7.8m Series A to scale private-bank style investing for professionals