Quartz launches with £2.75M to build a personal banker for everyone
Tech.eu Tamara Djurickovic ● Covered by 2 sources
Quartz just launched in the UK with £2.75M to make personal finance feel less elite. It’s aiming at the gap between pricey advice and generic apps.
Based on reporting by Tech.eu, Tamara Djurickovic — read the original for the full story.
Summary, retelling and take written by AI under human oversight; images are AI-generated illustrations. How we work · Report an error
Quartz has launched its personal finance app in the UK after raising £2.75 million in pre-seed funding. The round was led by Daphni, with Outward VC and K Fund also in the mix. Angel backers include Kantox founder Philippe Gelis and Gilles BianRosa, who previously held chief product roles at N26 and Kraken.
The London-based startup was founded in 2025 by André Silva, formerly head of global expansion at Revolut, and Mateus Mesquita Alves, who led investment products at N26. Their pitch is straightforward: give people a clearer view of their money and some guidance that feels more personal than the usual app, but without the cost of traditional wealth management.
Quartz is registered with the Financial Conduct Authority as an Account Information Service Provider, which lets it bring pensions, ISAs, savings and investments into one place using its own connectors. On top of that sits Charlie, an AI assistant that pulls from a user’s financial data and market developments to surface relevant information and answer questions about finances and investments.
The company says it has been testing the platform since the first quarter of 2026, and that more than £10 million in members’ assets are currently tracked in the app. Access is still being rolled out slowly: users from the waitlist are being added in batches and by invitation, with the app already live on the App Store and Google Play.
My take — AI-written commentary, not fact-checked reporting
This is the kind of fintech pitch that makes sense on paper and has to survive the ugly part: trust. A consolidated view plus AI guidance is useful, but only if the product stays boringly accurate when real money is involved. The market is crowded with apps promising to democratise finance; the ones that last usually win by being less theatrical than everyone else.
Read more about this at: Tech.eu
