UK Fintech Sidekick Raises £7.8M Funding In Series A Round

The round was led by Eos Ventures and the Development Bank of Wales, with participation from Koro Capital and existing investors including Seedcamp, MS&AD Ventures, TheVentureCity, PactVC, Blackwood, 1818 Venture Capital and Semantic Ventures.

Founded in 2022 Sidekick serves professionals whose financial needs go beyond basic investing apps but who find traditional private banking expensive or out of reach. The platform offers an alternative for individuals managing larger balances, growing incomes and more complex financial portfolios.

Unlike many digital wealth platforms that focus primarily on basic portfolios and automated investing, Sidekick combines public market investing with personalised portfolios and, for eligible clients, access to private market opportunities. It also offers Lombard lending, borrowing against an investment portfolio to access liquidity without liquidating assets, a service typically associated with private banks in the UK.

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At the core of its offering are managed portfolios, including strategies such as an “All Weather” allocation designed to manage risk across market cycles. Alongside investment products, the platform provides cash management tools for customers holding significant balances. Its Multi Shield Savings product enables users to distribute cash across multiple partner banks within a single account helping optimise Financial Services Compensation Scheme (FSCS) protection.

Sidekick currently supports more than £145 million in total assets across its customer base, reflecting demand from professionals seeking greater control and transparency in wealth management.f

The newly raised capital will be used to scale the company’s investment offering, expand its team and accelerate product development. As part of its growth strategy, Sidekick is building out operations in Cardiff, supported by the Development Bank of Wales, with new roles planned across customer service, compliance and operations.

The funding comes amid broader efforts across the FinTech sector to democratise access to sophisticated investment products as firms seek to bridge the gap between retail investing platforms and traditional high net-worth advisory models.

Matt Ford, founder and CEO of Sidekick, said: “A lot of hardworking professionals look like they’re doing well on paper, but still feel unsure whether they’re actually making the most of their money. They’ve outgrown entry-level investing tools, yet traditional wealth management often feels overcomplicated and expensive for what it delivers. Sidekick is designed to remove unnecessary complexity and give people access to investment tools that have traditionally sat inside private banking. This funding allows us to scale that approach expand our investment offering and reach more people who want transparency rather than complexity.”

The funding will help Sidekick expand its team, speed up product development, and support ongoing customer growth. The company is also scaling operations in Cardiff, with support from the Development Bank of Wales, creating new roles in customer service, compliance, and operations.