FELS Group - FollowMyMoney is a German-based startup founded in 2020, positioning itself as the leading marketplace for social wealth management. The platform offers a wide array of investment products, including stocks, ETFs, active funds, bonds, derivatives, commodities, industrial metals & rare earths, and crypto, at attractive B2B pricing.
The company's unique selling point lies in its FELS trader cloud, comprising highly successful investment professionals who have individually traded over €100M. These professionals provide specific trading recommendations and strategies that users can either subscribe to or implement autonomously. FELS also offers automated investment strategies designed to cater to different pre-defined investment goals.
Recently, the company secured a significant €3.00M Series A investment for FELS Group at 01 December 2023. The startup aims to capitalize on this funding to further strengthen its position in the market.
FELS Group is gaining attention as it enables advanced retail investors to replicate the trades of prominent finance influencers through its platform, FollowMyMoney.de. The company's expansion into the realm of blockchain is evident from its initiative to launch the FELS token on Polygon blockchain, catering to the growing trends in decentralized finance.
In the realm of finance, financial services, fintech, marketplaces, and wealth management, FELS is carving out a niche for itself, offering a promising opportunity for potential investors and partners seeking to tap into the evolving landscape of social wealth management and investment technology.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A - FELS Group | €3.00M | - | 01 Dec 2023 | |
Series A - FELS Group | €6.00M | - | 01 Dec 2022 | |
Seed Round - FELS Group | €5.00M | - | 01 Dec 2021 | |
Pre Seed Round - FELS Group | €2.00M | - | 01 Dec 2020 |
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