Hubfinance, the Luxembourg-head-quartered club connecting wealth management professionals is now officially live.
Founded in Luxembourg in 2020, the platform was beta tested in France and the grand duchy and is now fully operational on the two territories.
According to a press release, the club is approaching the €1m in sales target and will expand to Swiss and Belgian markets within the next six months.
Hubfinance, which is incubated at the Paul Wurth InCub, connects family offices, private bankers, wealth and asset managers, life insurers, independent financial advisors and industry experts through its B2B mapping and analysis platform.
It is founded by Fabien Amoretti, a serial entrepreneur with over 20 years’ experience in business communities, marketing and events, who founded Great Place to Work Institute and The Farvest Group, which was acquired by Docler Holding in 2018.
“For partners, the platform brings immense relevance, time savings and acceleration capacity. We are not a social network: our ambition is to become the main tool for connecting professionals and generate continuous business signals for them” said Amoretti.
The free-to-use platform references some 60,000 companies. Registration is limited to experts and individuals linked to the financial sector. These include banks, insurance companies, asset management companies, family offices, asset managers, brokers, related associations, lawyers, notaries, accountants, fintech and support professions.
Among other things, users can have easier access to a target group and gain a simplified overview of the sector. It also features dynamic surveys, giving bigger players feedback on 16 criteria including attractiveness of offer, quality of back office, digital journey and ESG sensitivity.
“Hubfinance is positioned as a CRM that is preloaded with all the market data and offers increasingly targeted contact with customers as it is used” said Hubfinance partner and head of sales Sandrine Toulouse.
Hubfinance, which is led by finance heavyweights including IQ-EQ chairman Serge Krancenblum, is currently working on a second round of fundraising to accelerate its growth.