London FinTech Startup PANTA Raises €3.4 Million To Modernise Financial Indices

The investment consists of €1.7 million (£1.5 million) from the UK venture capital firm and an additional €1.7 million (£1.5 million) through an Innovate UK Innovation Loan.

Founded in 2024 by Sproehnle and Mark Pralle, PANTA is focused on modernising the way financial institutions create and manage customised indices and portfolios.

The company says its platform enables firms to operate with greater scale, speed and accuracy while replacing outdated manual processes.

Read Also - Happl Secures over £8m Funding To Accelerate Global Employee Benefits System

PANTA notes that the index industry supports more than €10.4 trillion (£9.1 trillion) in UK assets under management and over €103 trillion ($120 trillion) globally. Despite the industry’s scale, many firms still rely heavily on spreadsheets, manual workflows and legacy systems that struggle to meet growing demand for flexible, data-driven investment products.

The startup aims to address these challenges with an end-to-end platform that automates index design calculation and delivery. Its technology combines user-friendly design tools with a scalable calculation engine allowing clients to build, test and launch indices within minutes while streamlining rebalancing, reporting and compliance tasks.

Designed for asset managers, index providers and data platforms, the solution is intended to reduce operational complexity, lower infrastructure costs and accelerate time-to-market. PANTA says it has already secured its first live customers and formed partnerships with major strategic players.

The newly raised capital will be used to grow the company’s engineering team, speed up product development and expand commercial operations as PANTA transitions from pilot deployments to wider market rollout. The company is also preparing for a larger Series A funding round expected in early 2027.

Tobias Sproehnle, CEO and co-founder of PANTA, said, “Producers and users of indices have been limited for too long by outdated systems. PANTA digitalises the entire value chain, helping clients innovate faster, operate more efficiently and deliver greater value to investors.”

Mark Pearson, Managing Partner at Fuel Ventures, commented, “The index market is long overdue for transformation and PANTA’s platform is bringing a level of automation and scalability it’s never seen before. With their proven track record of building and exiting high-growth businesses, we’re confident the team is well placed to lead the next wave of innovation in financial data infrastructure.”