Wealthyhood Europe
“Can a Greek-founded, EU-licensed micro-investing app become the default wealth-building layer for younger European investors via bank partnerships?”
Founded2019
HQAthens, Greece (also London, UK)
FoundersAlexandros Christodoulakis
Total raised~€9.6M+ disclosed
Latest roundSeries A / Strategic, March 2026
IndustryFintech / Investment
The story
Founded 2019 in the UK as Daedalus, Wealthyhood launched as a commission-free wealth-building app for younger investors, initially operating in the UK as an appointed representative of RiskSave Technologies. In 2025 the company secured its own HCMC investment firm license in Greece (Wealthyhood Europe AEPEY), pivoting from AR-dependence to a directly regulated EU entity and expanding from UK-only to the EEA. The 2026 Bank of Cyprus investment marks a shift toward bank-distribution partnerships (B2B2C) alongside the consumer app.
Product timeline
2019
Founded as Daedalus (later rebranded Wealthyhood) in the UK· founding
2020
UK launch as appointed representative of RiskSave Technologies under FCA· launch
2025
€3.6M Seed round led by Global Wealth Group; HCMC investment firm license granted in Greece· funding
2025
Greek/EU market launch — onboarding first Greek users in July 2025· launch
2026
€6M strategic round led by Bank of Cyprus; commercial synergy partnership· funding
Regulated entities
2
regulatory licences held by Wealthyhood Europe
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in Wealthyhood Europe’s embedded-finance stack
Payments / PSP
Money movement
in the full report
Investing
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.