Case Study: Wealthcome achieves DIY wealth and asset management at scale with Powens Open Finance

Wealthcome aggregates €300M+ in assets with Powens

Wealthcome, an innovative fintech startup, needed a simple and compliant way for its customers to connect their new DIY asset management app to thousands of banks and financial institutions. Attempting to build their own proprietary connectors proved to be a tedious and time-consuming process, hindering their ability to scale. They turned to Powens and its Open Finance solutions to solve this challenge.

By implementing Powens' Bank and Wealth financial data aggregation solutions, Wealthcome gained instant access to over 5,000 connectors, eliminating thousands of development hours. This allowed them to rapidly deploy their app, focus on building robust features, and successfully soft launch. The results were significant, with over 2,000 new users since January 2023 and more than €300 million worth of assets now being aggregated through the app. Powens enabled Wealthcome to bring their comprehensive wealth management platform to market quickly and effectively.

Wealthcome