Seccl

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.

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

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

• Embedded investment platform
• Investment infrastructure
• API custody services
• Wealth management technology
• Fintech investment platform

Headquarters

HQ city

Bath

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Others

Revenue model

1. 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.
2. 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

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core 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

Named customers19 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature8 records

Partnerships

Eleven partnerships are on record, tiered flagship, strategic and core.

• EmmaflagshipTechnology or Integration · 15 January 2026Emma'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:FSstrategicStrategic or Co-development Partner · 15 January 2026Joint 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 ColoursflagshipTechnology or Integration · 23 September 2025Flying 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.
• PlannrstrategicTechnology or Integration · 30 January 2025Deep integration partnership to 'rethink advice journey' with combined capabilities for financial advisers.
• CrowdcubestrategicStrategic or Co-development Partner · 23 June 2021Partnership 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 BankcoreTechnology or Integration · 8 June 2021Client 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.
• AltuscoreTechnology or Integration · 8 April 2021Electronic 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 ManagementstrategicStrategic or Co-development Partner · 10 March 2021Investment 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.
• CalastonecoreTechnology or IntegrationFund execution partner facilitating order execution for funds through Calastone's network.
• Winterflood Business ServicescoreTechnology or IntegrationExecution broker for exchange traded instruments, providing settlement services for ETFS and listed securities.
• OrigocoreTechnology or IntegrationTransfer gateway integration partner for facilitating platform-to-platform transfers alongside Altus.

Scale indicators16 records

Recent moves7 records

Expansion highlights5 records

Direct 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

• LinkedInlinkedin.com/company/seccl

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Seccl