• XFOLIO raised USD 2M from MEVP to expand its unified wealth and treasury management platform across MENA and Europe.
• The startup offers a cloud-based system integrating portfolio oversight, treasury automation, and diverse asset class tracking.
• Funds will support AI-powered tools, cross-bank trading, and partnerships aimed at mid-sized wealth managers underserved by legacy systems.

XFOLIO

What happened? XFOLIO, a wealth and treasury management platform, closed a  USD 2 million seed round. The round was fully funded by Middle East Venture Partners (MEVP).

“Their solution addresses a critical gap in the market: modern, cost-effective tools for mid-sized wealth managers who have been left behind by legacy systems,” said Jad El Boustani, Partner at MEVP.

Who are they? Founded in 2024 by Anis Rahel, XFOLIO aims to automate and democratize institutional wealth management. It is a French and Lebanese based fintech aiming to redefine how modern institutions manage wealth. 

Furthermore, the platform enables financial institutions, family offices, and wealth managers to consolidate, automate, and visualize bankable and non-bankable assets.

“At XFOLIO, we believe that Treasury and Wealth Management should be unified into a single, seamless system. Both sectors depend on one critical success factor: real-time connectivity to market data providers.” said Anis Rahal, Co-founder and CEO of XFOLIO. 

Additionally, XFOLIO combines portfolio management and treasury automation into a single cloud-based platform. With integrations across banks, ERPs, CRMs, and data providers, the platform supports a wide range of asset classes. This includes stocks and bonds to real estate, art, and collectibles.

What is next? With the funding, XFOLIO aims to accelerate its product development, market expansion, and strategic partnerships across MENA and Europe. It will also support its go-to-market strategy and product innovation. This includes the development of AI-powered recommendation tools and cross-banking capabilities.

Bottom Line: XFOLIO’s funding points to growing demand for modern financial infrastructure among mid-sized institutions. Its focus on mid-sized institutions and cross-border capabilities reflects broader trends in the digital transformation of finance.