"Founded in 2022, Sidekick targets professionals whose financial needs have become more complex as incomes and assets grow, but who find traditional private banking expensive, opaque or inaccessible. The platform is positioned as a middle ground between entry-level investing apps and full-service private banks, offering greater transparency and control for customers managing larger balances and long-term wealth."
"Unlike most digital wealth platforms, Sidekick has been built for complexity rather than simplicity. Its offering combines long-term public market investing, customised portfolios and - for eligible investors - access to private market opportunities. It also provides Lombard lending, allowing customers to borrow against their investment portfolio without selling assets, a form of financing historically restricted to private banking clients."
"The platform includes managed strategies such as its All Weather portfolio, designed to balance risk across different market environments. Alongside investing, Sidekick offers cash management products aimed at customers holding significant balances. Its Multi Shield Savings product allows users to spread cash across multiple partner banks within a single account, helping them maximise FSCS protection while retaining liquidity."
Sidekick raised £7.8m in a Series A round led by Eos Ventures and the Development Bank of Wales with participation from Koro Capital and existing investors. Founded in 2022, Sidekick targets professionals with growing incomes and assets who find traditional private banking expensive or inaccessible. The platform offers long-term public market investing, customised portfolios, eligible access to private market opportunities, and Lombard lending to borrow against portfolios. Managed strategies such as the All Weather portfolio and cash products like Multi Shield Savings help balance risk and maximise FSCS protection. Sidekick now supports over £145m in customer assets.
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