Seccl
Seccl is an Octopus-owned, API-first embedded investment infrastructure platform providing custody, trading, transfers, and tax-wrapper services to neobanks, fintechs, financial advisers, and wealth managers across the UK and Ireland.
- Company typePrivate
- Founded2017
- HeadquartersBath, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Seccl does
Seccl is an API-first embedded investment infrastructure platform owned by Octopus Group, providing custody, trading, transfer, payment, and tax-wrapper (ISA, SIPP, JISA, GIA, pensions) capabilities to financial advisers, wealth managers, neobanks, and fintechs. Founded in 2017 and acquired by Octopus in September 2019, the company operates from Bath with regional hubs in Edinburgh (opened July 2023) and Dublin (via Seccl Ireland DAC, established June 2026). Its regulated subsidiaries, Seccl Technology Limited and Seccl Custody Limited, hold FCA permissions (FRN: 793200) to act as custodian, ISA manager, and SIPP/JISA provider, giving clients a CASS-compliant, fully digital alternative to legacy platform technology.
The platform is built on a single-instance, cloud-native architecture deployed in an active-active-active configuration across three availability zones, with a 99.9% SLA, 99.99% internal SLO, sub-millisecond to sub-500ms (95th percentile) response times, and 10+ daily code deployments. It exposes a comprehensive REST API (docs.seccl.tech) authenticated via Okta Auth0, with idempotency keys, atomic operations, webhooks, and rate limiting; pre-built adviser and client portals offer a no-code route to launch for firms without in-house engineering. Customers include Monzo (300,000+ investment customers migrated), Chip, Emma (3m+ users), GoHenry, CIRCA5000, Flying Colours, Cooper Parry, P1 Platform, Quilter Invest, Söderberg, Crowdcube, Octopus Money, Tillit, IronBright, Multiply, JustFA/Loyal North, and Timeline.
Revenue is generated by B2B subscription and transaction-based fees on custody, platform, and API licensing services, with disclosed client fee tiers ranging from 0.09% to 1.0% of client assets depending on the partner's proposition. As of May 2026 the platform reported £9.9bn of client assets under administration, 904k+ investors, and roughly 6.1m transactions processed in the prior month; headcount has expanded from 13 to approximately 80 employees since the Octopus acquisition, and the company continues to hire senior product, engineering, and risk leaders.
Seccl firmographics
Firmographics- Name
- Seccl
- Legal name
- Seccl Technology Limited
- Website
- https://seccl.tech
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Seccl is an Octopus-owned, API-first embedded investment infrastructure platform providing custody, trading, transfers, and tax-wrapper services to neobanks, fintechs, financial advisers, and wealth managers across the UK and Ireland.
- Ownership category
- akta.pro rank
Seccl industry classification
Industry- Product category
- Embedded Investment Infrastructure
- NAICS
- Investment Banking and Securities Intermediation (523150), Other Financial Investment Activities (5239)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Asset-Backed Securities (6189)
- akta.pro primary industry
- Securitization & Loan Trading Enablement (Whole Loan Sales, ABS Data/Reporting) (FSAGAHAK)
- akta.pro secondary industry
- Securitized Products (MBS/ABS/CMBS) (FSAAAHAE)
Keywords
Where Seccl is headquartered
LocationHeadquarters
- HQ city
- Bath
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Seccl business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Others
Revenue model
- Custody and Platform Services: Provides regulated custody, ISA/SIPP management, and platform infrastructure services to financial advisers, wealth managers, and fintechs. Revenue generated through platform charges, asset-based fees, and per-transaction processing.
- API/Technology Licensing: Licenses API infrastructure to fintechs and technology providers enabling them to embed investment propositions. Supports embedded investment journeys through developer tools.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Flying Colours platform: 0.09% for first £500,000, tiering down to no fee for £1m+ |
| Subscription | Annual | IronBright: 0.22% on portfolios up to £1 million, no charge above threshold |
| Hybrid | Monthly | Multiply: 0.30% platform fee plus £1 upfront and £1 monthly |
| Subscription | Annual | Tillit: 0.40% first year, decreasing 0.01% annually to 0.25% minimum |
| Hybrid | Annual | JustFA: 1% total fee (0.25% platform, 0.25% portfolio management, 0.5% advisory) |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Seccl product offering
Product offeringCore offering
Seccl provides an API-first embedded investment platform that delivers custody, trading, transfers, payments, accounts, and tax wrapper infrastructure for financial advisers, wealth managers, neobanks, and fintechs. Firms integrate via a comprehensive REST API or use pre-built professional and client portals to launch investment propositions in months rather than years, with regulatory permissions (FCA-authorized custodian, ISA manager, SIPP provider) included. The platform supports approximately 904,000+ investors across 20+ client platforms and processes around 6.1 million transactions monthly.
Product overview
Seccl is the Octopus-owned embedded investment platform providing a modular, API-first infrastructure for investment platforms and wealth management firms. The core offering combines custody services, trading and settlement, and tax wrapper management (ISA, SIPP, GIA, JISA, pensions) with flexible deployment options: firms can use pre-built adviser and client portals for no-code platform launch, or integrate via comprehensive REST API to build custom experiences. Key product modules include accounts and wrappers, client onboarding, custody, digital pensions (accumulation and drawdown), payments and cash management, trading (funds and exchange-traded instruments), transfers, portfolio management, and client reporting. Supplementary tools include the Transfers Workbench for transfer tracking and the API Academy for adviser upskilling. The platform processes approximately 6.1 million transactions monthly and supports 904,000+ investors across 20+ platforms, with demonstrated ability to launch new platforms in months rather than years.
Differentiator
Problem solved
Functional benefit
Products and services
- Embedded Investment Platform Seccl's core API-first embedded investment platform providing the underlying infrastructure (custody, trading, settlement, transfers, payments, accounts, wrappers, reporting) for investment propositions. Cloud-native single-codebase architecture handling millions of API requests daily across custody, trading, and wrapper services.
- Seccl REST API Comprehensive REST API enabling developers to build embedded investment experiences directly on Seccl's infrastructure. Supports real-time processing, webhooks, idempotency, atomic operations, flexible rate limiting, Okta Auth0/OAuth 2.0/FAPI authentication, and active-active-active deployment across three availability zones.
- Professional and Client Portals Pre-built professional and client portals that allow advisers and investors to access platform functionality (Custody, Trading, Transfers, Payments, Reporting, Portfolios) without custom development. Enables a no-code platform launch for firms without in-house technology teams.
Quantifiable outcome
- Migrated 300,000+ Monzo investment customers without issues
- +5 more outcomes
Companies that use Seccl
Customer profileNamed customers19 records
Segments4 records
Ideal customer profiles4 records
Seccl technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature8 records
Seccl partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered flagship, strategic and core.
- EmmaflagshipEmma's stocks and shares ISA powered by Seccl's comprehensive investment infrastructure including custody, trading, reporting, wrapper management, transfers and payment integrations. Emma serves 3+ million users seeking to embed investing into everyday money management.
- 11:FSstrategicJoint research partnership with 11:FS on embedded investing opportunity. Published report 'Taking Advantage of the Embedded Investing Opportunity' examining how investing is being embedded into everyday digital products. Hosted joint webinar at Money20/20 Amsterdam.
- Flying ColoursflagshipFlying Colours selected Seccl to power its new in-house platform managing £600m of assets for 2,200+ clients. Firm completed build, beta testing, and first client transfer in under 4 months.
- PlannrstrategicDeep integration partnership to 'rethink advice journey' with combined capabilities for financial advisers.
- CrowdcubestrategicPartnership to provide seamless, API-based access to public markets for Crowdcube's Community IPO product. Seccl augments Crowdcube's existing capital markets technology offering an all-in-one experience for retail participation on mass scale.
- Lloyds BankcoreClient money banking partner enabling instant deposits through Lloyds Bank's Event Driven Notification API. Cash sent by bank transfer visible instantly and can be executed in the market in under 10 seconds. Supports market-leading operational efficiency of 250,000 client payments per year per operations staff.
- AltuscoreElectronic transfer and re-registration of client assets supported via Seccl's real-time integration with the Altus Transfer Gateway (ATG). Helps transform the transfer process reducing paper dependency.
- Fusion Asset ManagementstrategicInvestment partnership for JustFA platform. Fusion provides risk-graded investment portfolios with emphasis on protecting client assets. Their portfolios gained 8-12% in 2020 vs 2-3% industry average.
- CalastonecoreFund execution partner facilitating order execution for funds through Calastone's network.
- Winterflood Business ServicescoreExecution broker for exchange traded instruments, providing settlement services for ETFS and listed securities.
- OrigocoreTransfer gateway integration partner for facilitating platform-to-platform transfers alongside Altus.
Scale indicators16 records
Recent moves7 records
Expansion highlights5 records
Seccl competitors and assessment
Company assessmentDirect peers
- FNZ: Global leader in embedded wealth management infrastructure, providing custody, trading and platform services to financial institutions worldwide. FNZ is the largest scaled competitor to Seccl in the same product category and customer set.
- Avaloq: Swiss-headquartered wealth management software provider, now owned by Oracle, offering core banking and investment platform technology to banks and wealth managers. Directly comparable as a regulated platform vendor serving similar institutional customers.
- InvestCloud: US-based digital wealth management platform serving asset managers, banks and advisers with portfolio management, client portals and trading infrastructure. Competes head-to-head for large wealth platform mandates.
- Profile Software: Provider of investment management and banking software to wealth managers, asset managers and brokers across Europe. Comparable as an established European platform vendor targeting similar institutional buyers.
- Hub24: Australian wealth management platform with international expansion including the UK, providing custody, trading and portfolio administration to advisers. Comparable business model and target customer base to Seccl.
- Praemium: Wealth management platform serving advisers and wealth managers in Australia, the UK and Asia with custody, trading and reporting infrastructure. Direct comparable in adviser-platform infrastructure.
- Bravura Solutions: Provider of transfer agency, wealth management and financial administration software to financial institutions globally. Comparable as a long-standing platform technology vendor serving similar institutional customers.
Emerging players
- Additive: US-based embedded wealth infrastructure startup providing API-first platform capabilities to RIAs and fintechs. Closely comparable go-to-market and technology approach to Seccl, though at smaller scale.
Broad incumbents
- SS&C Advent: SS&C's wealth management software suite serving large asset managers and wealth firms with portfolio management, accounting and reporting tools. Overlapping capability set but broader enterprise focus than Seccl.
Others
- Allfunds: European B2B fund distribution platform connecting asset managers with distributors; Seccl's senior adviser Miguel Ortiz was formerly Allfunds' Chief Transformation Officer. Adjacent wealthtech with related institutional customers but a different core offering (fund distribution vs platform/custody).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Seccl social profiles
Digital presenceSeccl compliance and trust
Trust signalCompliance2 records
Seccl financial estimates
Financial estimateRevenue estimate
Valuation estimate
Seccl leadership team
Management profileNumber of profiles
Profiles10 records
Seccl subsidiaries and ownership
Company hierarchySubsidiaries2 records
Seccl funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Seccl 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 Seccl
What does Seccl do?
Seccl provides an API-first embedded investment platform that delivers custody, trading, transfers, payments, accounts, and tax wrapper infrastructure for financial advisers, wealth managers, neobanks, and fintechs. Firms integrate via a comprehensive REST API or use pre-built professional and client portals to launch investment propositions in months rather than years, with regulatory permissions (FCA-authorized custodian, ISA manager, SIPP provider) included. The platform supports approximately 904,000+ investors across 20+ client platforms and processes around 6.1 million transactions monthly.
Is Seccl a public or private company?
Seccl is a private company. It is classified as corporate owned and is currently operating.
When was Seccl founded?
Seccl was founded in 2017. It employs 101 to 250 people.
Where is Seccl based?
Seccl is headquartered in Bath, United Kingdom, in the Europe region.
How does Seccl make money?
Two revenue lines are on record. Custody and Platform Services are the primary driver. The others are API/Technology Licensing.
Who are Seccl's main competitors?
Direct peers on record are FNZ, Avaloq, InvestCloud, Profile Software, Hub24, Praemium and Bravura Solutions. Additive is listed as an emerging player. SS&C Advent is listed as a broad incumbent. Allfunds is listed as an others.
Does Seccl have an API?
Yes. Seccl provides a comprehensive REST API enabling developers to build embedded investment experiences. Key API characteristics include: authentication via Okta Auth0 supporting both OAuth 2.0 (ClientID & Secret) and Financial-grade API (FAPI) protocols; idempotency keys for safe retries with 72-hour key retention; atomic operations for trades, orders, and cash movements; eventual consistency for portfolio valuations with 202 Accepted responses and webhook notifications; comprehensive webhooks for all resource interactions; external reference mapping for reconciliation (256 characters alphanumeric with spaces, dashes, underscores); flexible rate limiting based on usage patterns; real-time data access as primary model with optional SFTP-based batch processing for end-of-day reporting; continuous deployment with backward-compatible evolution via feature flags (6-month adoption window) and distinct new API paths for breaking changes (6-month migration period). Service levels include 99.9% SLA (99.99% SLO), sub-millisecond response times with 500ms target at 95th percentile, and active-active-active architecture across three availability zones with regular load testing to 300% of peak volumes. Developer documentation is at docs.seccl.tech.
What industry is Seccl in?
Seccl's product category is Embedded Investment Infrastructure. Its primary akta.pro industry code is FSAGAHAK, Securitization & Loan Trading Enablement (Whole Loan Sales, ABS Data/Reporting), with a secondary code of FSAAAHAE, Securitized Products (MBS/ABS/CMBS). Its NAICS code is 523150 and its SIC code is 6211.