Wealth8
Wealth8 is a UK FCA-authorized mobile investment app offering BlackRock and J.P. Morgan-managed diversified portfolios, thematic ETFs, and a Stocks and Shares ISA to UK retail investors, with a £8 minimum and a community focus on Black and multi-ethnnic communities.
- Company typePrivate
- Founded2020
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Wealth8 does
Wealth8 is a UK FCA-authorized digital investment platform headquartered in London and incorporated in 2020 (Wealth8 Limited, company number 12513370, FCA reference 1002235). It operates a mobile-first application on iOS and Android, secured with 256-bit TLS encryption and integrated with UK bank accounts via open banking, and is offered alongside a Stocks and Shares ISA wrapper, a Money Personality Quiz, and an Investor Academy education series presented by J.P. Morgan Asset Management. The platform is positioned explicitly for the UK's Black and multi-ethnnic communities, a vertical that the firm describes as historically underserved by traditional wealth managers. Investment product spans Core Portfolios and Social Portfolios built on BlackRock and J.P. Morgan Asset Management funds, plus a recently expanded thematic lineup comprising Automation & Robotics ETF, Blockchain Technology ETF, Digital Security ETF, Digitalisation ETF, and a Physical Gold ETC.
Under the hood, Wealth8 is intentionally a thin distribution and brand layer: custody, execution, and asset servicing are outsourced to WealthKernel (FCA reference 723719), so the firm does not hold client assets on its own balance sheet. The revenue model is a single line — a 0.83% per annum management fee (including VAT) on total AUM, billed monthly in arrears — with no setup or exit fees and a £8 minimum investment. Client assets are ring-fenced in line with FCA client-asset rules and eligible for FSCS protection up to £85,000 per person. Distribution is direct-to-consumer only, via the app stores and a community-led content marketing stack (blog, Instagram, LinkedIn, newsletter); there are no APIs, SDKs, B2B integrations, or institutional channels in market.
The firm is privately held and at an early capital stage: only one external funding event is on record, a ~$465,325 seed in November 2021 led by Rising Tide Africa, Ventures Platform, and VFD Group. Headcount is reported at 1–10 employees, AUM and revenue are not disclosed, and operating geography is the United Kingdom only.
Wealth8 firmographics
Firmographics- Name
- Wealth8
- Legal name
- Wealth8 Limited
- Website
- https://wealth-8.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Wealth8 is a UK FCA-authorized mobile investment app offering BlackRock and J.P. Morgan-managed diversified portfolios, thematic ETFs, and a Stocks and Shares ISA to UK retail investors, with a £8 minimum and a community focus on Black and multi-ethnnic communities.
- Ownership category
- akta.pro rank
Wealth8 industry classification
Industry- Product category
- Digital Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Execution-Only / Self-Directed Investing Platforms (FSAAAAAI)
- akta.pro secondary industries
- Investor Education, Research & Portfolio Analytics Services (Retail) (FSAAAAAO), Open Finance Expansion (investments, pensions, insurance, utilities data) (FSAGACAK)
Keywords
Where Wealth8 is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Wealth8 business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Management Fee: Wealth8 charges a management fee of 0.83% per annum (including VAT where applicable) of total assets under management. This fee is taken monthly in arrears directly from users' assets. No setup or exit fees are charged.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard investment management |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Wealth8 product offering
Product offeringCore offering
Wealth8 provides a mobile-first investment platform that enables UK consumers — primarily targeting black and multi-ethnic communities — to invest in globally diversified managed portfolios from as little as £8, with no setup or exit fees and a 0.83% annual management fee. The app offers Core Portfolios and values-aligned Social Portfolios managed by BlackRock and J.P. Morgan Asset Management, a Stocks and Shares ISA wrapper, and a range of thematic ETFs, complemented by in-app financial education (Investor Academy) and a Money Personality Quiz.
Product overview
Wealth8 is a UK-based fintech investment platform offering a unified mobile application for investing in diversified portfolios. The core product provides access to Core Portfolios and Social Portfolios managed by BlackRock and J.P. Morgan Asset Management, with a low minimum investment starting from £8. The platform also offers a range of thematic ETFs including Blockchain Technology ETF, Automation & Robotics ETF, Digital Security ETF, and Physical Gold ETC. Additional features include Investor Academy for financial education, a Money Personality Quiz for personalized guidance, and Stocks and Shares ISA for tax-efficient investing. The platform charges a 1% annual fee (0.83% management fee plus VAT) with no set-up or exit fees.
Differentiator
Problem solved
Functional benefit
Products and services
- Wealth8 Mobile App A mobile investment application for iOS and Android that enables UK consumers (with a focus on black and multi-ethnic communities) to create an account, choose a diversified portfolio based on risk and values, and make one-off or recurring investments starting from £8, with assets custodied by WealthKernel.
- Core Portfolios Diversified investment portfolios managed by BlackRock and J.P. Morgan Asset Management providing exposure to hundreds of global companies across asset classes, available to Wealth8 app users.
- Social Portfolios Values-based themed investment portfolios that align holdings with social, ethical, or cultural criteria chosen by the user, available through the Wealth8 app.
- Stocks and Shares ISA UK Individual Savings Account (ISA) wrapper enabling tax-efficient investing within annual ISA limits through the Wealth8 platform, subject to ISA Manager Terms and Conditions.
- Blockchain Technology ETF Exchange-Traded Fund offering exposure to companies involved in blockchain technology development and implementation, available to Wealth8 investors.
- Automation & Robotics ETF Exchange-Traded Fund offering exposure to companies operating in the automation and robotics sector, available through the Wealth8 app.
- Digital Security ETF Exchange-Traded Fund providing exposure to companies offering digital security and cybersecurity solutions, available to Wealth8 investors.
- Digitalisation ETF Exchange-Traded Fund providing exposure to companies positioned around broader digitalisation trends, available through the Wealth8 platform.
- Physical Gold ETC Exchange-Traded Commodity providing Wealth8 users with exposure to physical gold as an investment holding.
Quantifiable outcome
- Investments can be made starting from £8 minimum
- +1 more outcomes
Companies that use Wealth8
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Wealth8 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Wealth8 partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- WealthKernelcoreWealthKernel Limited acts as the custodian for client assets, providing execution and custody services. They are regulated by the FCA (reference 723719) and registered in England and Wales (No. 09686970). WealthKernel holds client cash and investments separately (ring-fenced) in accordance with FCA client asset rules.
- BlackRockcoreBlackRock is one of the fund managers providing diversified portfolios for Wealth8 users to invest in across hundreds of global companies.
- J.P. MorgancoreJ.P. Morgan is one of the fund managers providing diversified portfolios for Wealth8 users. J.P. Morgan Asset Management also presents the Investor Academy educational series.
- Financial Conduct Authority (FCA)coreWealth8 Limited is authorized and regulated by the FCA with reference number 1002235. Clients are covered by FSCS protection up to £85,000.
- Financial Services Compensation Scheme (FSCS)coreUK's statutory compensation scheme that may cover client funds up to £85,000 if Wealth8 cannot meet its obligations.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Wealth8 competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key highlights6 records
Customer concentration
Wealth8 social profiles
Digital presenceWealth8 compliance and trust
Trust signalCompliance2 records
Wealth8 financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wealth8 leadership team
Management profileNumber of profiles
Profiles1 record
Wealth8 funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wealth8 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wealth8
What does Wealth8 do?
Wealth8 provides a mobile-first investment platform that enables UK consumers — primarily targeting black and multi-ethnic communities — to invest in globally diversified managed portfolios from as little as £8, with no setup or exit fees and a 0.83% annual management fee. The app offers Core Portfolios and values-aligned Social Portfolios managed by BlackRock and J.P. Morgan Asset Management, a Stocks and Shares ISA wrapper, and a range of thematic ETFs, complemented by in-app financial education (Investor Academy) and a Money Personality Quiz.
Is Wealth8 a public or private company?
Wealth8 is a private company. It is classified as venture growth investor backed and is currently operating.
When was Wealth8 founded?
Wealth8 was founded in 2020. It employs 1 to 10 people.
Where is Wealth8 based?
Wealth8 is headquartered in London, United Kingdom, in the Europe region.
How does Wealth8 make money?
One revenue line is on record: management Fee.
Does Wealth8 have an API?
No public API is recorded for Wealth8.
What industry is Wealth8 in?
Wealth8's product category is Digital Wealth Management. Its primary akta.pro industry code is FSAAAAAI, Execution-Only / Self-Directed Investing Platforms, with a secondary code of FSAAAAAO, Investor Education, Research & Portfolio Analytics Services (Retail). Its NAICS code is 523940 and its SIC code is 6282.