Alpher selects WealthKernel to power its female-first investment platform

London-based WealthKernel has announced its partnership with Alpher, a “female-first” investing platform, to support the latter’s upcoming launch.

Alpher taps WealthKernel

As part of the partnership, WealthKernel will assist Alpher with its core investing infrastructure including brokerage and custodian services, fractional stocks, ETFs, portfolio management and access to UK tax account wrappers such as ISAs and general investment accounts.

Alpher is a “community-driven” platform aimed to provide women with investment solutions to enable them to grow their wealth “independently, over the long term”.

Karan Shanmugarajah, CEO of WealthKernel, says, “Alpher is working to tackle a very well-known, but little challenged aspect of the investment industry that I hope will benefit millions of women across the UK.”

Founded in 2015, WealthKernel supplies investment infrastructure powered by APIs for companies looking to provide digital investment services.

Regulated by the Financial Conduct Authority (FCA), WealthKernel claims to custody “millions of pounds” for retail clients in the UK and Europe.