New wealth managment app Fortu plans crowdfunding campaign
Fortu, a new private banking app for high-net-worth individuals (HNWIs) has emerged in London.
The Fortu founding team
The firm offers what it calls a “secure, reliable and international financial reach”. The app is currently available on the Apple App Store
Users can make cross-border instant payments and transfers. The app has a dedicated personal banker, and confirm payments using voice recognition.
Fortu also serves up a “bespoke multi-asset investment platform”.
This gives customers access to joint venture opportunities available for investment alongside “experienced institutional investors”.
The firm is registered with the UK’s Financial Conduct Authority (FCA) as an EMD agent of business payments firm Modulr. Modulr holds an electronic money institution (EMI) licence.
The wealthtech is currently taking pre-registrants for a future crowdfunding campaign.
Fortu’s founder and co-CEOs are Firdavs Shakhidi and Azmat Sultanov.
Shakhidi co-founded wealth management firm Jefferson Capital in 2016. Sultanov joined him there in October 2017 and both still remain at the company.
Shakhidi also co-founded the Tajikinvest Charitable Trust, and spent seven years as a director at WMG Advisors.
Fortu’s chief technology officer, Chris Sewell, is also director of engineering at payments start-up Build Circle.
Prior to this he founded Zuse Apps, and spent almost two years as a senior software engineer at takeaway delivery firm Just Eat.
