Wealth management platform Stratiphy has launched a new crowdfunding campaign on Crowdcube.

Stratiphy is aiming to build on the growth seen since its launch, which has seen a 140% rise in assets under management, 10% growth in users and 32% growth in trading accounts on the platform since August.

The group said the amount raised through the latest crowdfunding round will enable enhancements to the app’s user experience and development of new offerings to investors, including the launch of new strategy types, ETFs, more stocks and improved model portfolios.

To expand its customer offering further, Stratiphy recently partnered with 21Shares to be one of the first UK wealth management platforms to offer crypto ETNs to UK investors, now that the Financial Conduct Authority has lifted its ban on these assets.

Daniel Gold, CEO and Founder of Stratiphy, said: “We have seen huge demand for personalised and accessible investment strategies as more people are looking to take control of their money and make sure their finances are working towards their individual goals and targets.

“Over the past few months our assets under management have grown over 140% and we are looking to use the money from our crowdfunding to continue to expand our offering including branching out into new strategy types and providing customers with a wider range of stocks and portfolios.

“This is an area of huge growth potential and Crowdcube investors can now become part of the journey to help unlock sophisticated AI tools for everyday investors and enable us to continue to expand our offering.”

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