Quartz raises £2.75M to build an AI personal banker for the masses
What's the deal? London fintech QuartzDealroom has a profile for this one. Try Dealroom → has raised £2.75 million in pre-seed funding and launched its personal finance platform in the UK. Daphni led the round, with Outward VCDealroom has a profile for this one. Try Dealroom →, K Fund, Kantox founder Philippe GelisDealroom has a profile for this one. Try Dealroom →, and former N26 and KrakenDealroom has a profile for this one. Try Dealroom → chief product officer Gilles BianRosa participating.
What's the endgame? Quartz targets the gap between traditional wealth management, which offers personalised advice at a higher cost, and standardised products that provide limited individual guidance. It wants to give millions of people the kind of tailored financial help usually reserved for a wealthy few.
Who's building it? The company was founded in 2025 by André Silva, former head of global expansion at Revolut, and Mateus Mesquita Alves, former investment product lead at N26. It runs a 10-person team across London, Barcelona, and Porto.
How it works: Registered with the Financial Conduct Authority as an Account Information Service Provider, Quartz pulls pensions, ISAs, savings, and investments into a single app through its own connectors. An AI assistant called Charlie combines a user's finances with market developments to surface personalised insights and answer questions about their portfolio.
Why now? Quartz has tested the platform since the first quarter of 2026 and says more than £10 million in members' assets are currently tracked through the app. Following the UK launch, it is onboarding waitlist users in batches by invitation, with the app available on the App Store and Google Play.
"Compounding is the most powerful force in finance and we've assembled a 10 people strong team across London, Barcelona and Porto to get millions of people on the right side of it," said Silva, co-founder and chief executive officer.
The signal: Quartz joins a wave of fintechs applying AI to personal finance, betting that consolidated data and automated guidance can democratise advice long limited to high-net-worth clients. Whether users trust an app to guide their money — rather than just track it — will shape how far that bet pays off.
Read more: Tech.eu
Image credit: Generated with Gemini
