February 2025 – Canadian fintech firm OneVest has raised $20 million in a Series B funding round aimed at expanding its embedded wealth management platform designed for banks, credit unions, and fintechs. The round was led by OMERS Ventures, with participation from existing investors including Luge Capital and National Bank of Canada’s NAventures.
OneVest offers an API-powered infrastructure that enables financial institutions to deliver seamless, personalized wealth management services under their own brand. Its platform supports onboarding, portfolio construction, compliance, and real-time performance reporting—all within a fully digital environment. The new funding will be used to scale operations, deepen integrations with institutional partners, and accelerate product innovation.
The investment comes as demand surges for modern wealthtech solutions that allow traditional institutions to compete with digital-first investment platforms. OneVest’s model bridges the gap between full-service advisors and self-directed platforms by offering a turnkey solution that is cost-effective and regulation-ready.
According to NextGen Intelligence Stats, the wealth management software market is projected to grow significantly as institutions seek to digitize client engagement, automate advisory services, and enhance financial planning capabilities. Platforms like OneVest are positioned to benefit from this shift, especially in markets pushing toward open banking and personalized investment experiences.
With its Series B funding secured, OneVest plans to expand its footprint across North America and position itself as the infrastructure backbone for the next generation of digital wealth solutions.
Explore more about the wealth management software market here:
👉 Wealth Management Software Market – NextGen Intelligence Stats
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