About Fortu
Fortu is a Financial Services company based in London (United Kingdom) founded in 2019 by Azamat Sultanov. Digital banking services are offered to high-net-worth individuals and businesses. Fortu has raised $685.48 thousand across 1 funding round from investors including CBH Bank. The company has 4 employees. Its chief executive, as recorded, is Azamat Sultanov. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships. Its legal entity is FORTU WEALTH LTD. Its competitors include Monese, Kashet and Zvilo; 3 of its 3 listed competitors have raised funding.
Company details
Fortu was founded in 2019 in London, United Kingdom, as a digital bank targeting high-net-worth individuals and businesses. Current accounts, prepaid cards for business expenses, money transfers, business loans, and financial management tools are provided. Operations focus on the fintech sector, with the mobile app available exclusively on iOS devices for user access.
- Headquarters London, United Kingdom
- Employees 4
- Founders Azamat Sultanov
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website fortu.co.uk
- Social LinkedIn X Facebook Instagram
- Legal Name Fortu Wealth Ltd
- Date of Incorporation 29 Apr, 2019
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$74.75 K (USD)6as on Apr 30, 2023
- Net Profit-$188.33 K (USD)70as on Apr 30, 2023
- Total Equity Funding$685.48K (USD)
in 1 rounds
- Latest Funding Round$685.48K (USD), Seed
Jan 2021
- Investors
- Employee Count4
Funding Insights of Fortu
Fortu has successfully raised a total of $685.48K through 1 strategic funding round. The most recent funding activity was a Seed round of $685.48 thousand completed in January 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $685,478
- Total Rounds 1
- Last Round Seed — $685,478
- First Round $685,478
(Jan 2021)
- Investors Count 1
All 1 funding rounds of Fortu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $685,478 | Seed | – | CBH Bank | – |
1 investors in total: 1 institutional.
Investors in Fortu
Fortu has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CBH Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Offers wealth management, investment services, and banking solutions to global clients. | 1975 | cbhbank.com | Geneva, Switzerland |
Investor details for Fortu
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People of Fortu
4 people are tracked at Fortu (4 in leadership); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
Azamat Sultanov | Co-Founder & Co-CEO | Leadership |
Firdavs Shakhidi | Co-CEO | Leadership |
Mikhail Seleznev | Director | Leadership |
Tom Pelc | Chief Investment Officer | Leadership |
Complete people profiles for Fortu
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Timeline of Fortu
2 dated milestones of Fortu across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Fortu is founded.
- Funding First funding round of $685K.
Competitors of Fortu
Fortu has 3 listed competitors in our database, 3 of them funded. They include Monese, Kashet and Zvilo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| monese.com | 2013 | London, United Kingdom | $269.18M | 316 | Digital banking services are offered to individuals and businesses. | |
| kashet.com | 2018 | London, United Kingdom | $6.67M | 4 | Digital banking services are offered to individuals and businesses. | |
| zvilo.com | 2019 | London, United Kingdom | $590,933 | 3 | Digital banking services are offered to individuals and businesses. |
Detailed competitors of Fortu
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Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Fortu (Banking & FinTech Platforms) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | 3,462 | ||
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 |
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Frequently Asked Questions about Fortu
Fortu was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Fortu is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Azamat Sultanov is the CEO of Fortu, as recorded in our data. They have also founded this company.
Fortu is a funded company, having raised a total of $685.48K across 1 funding round to date. The company's 1st funding round was a Seed of $685.48K, raised on Jan 2021.
Fortu has 4 employees.
Annual revenue of Fortu is $74.75K as on Apr 30, 2023.
Fortu was founded in 2019 in London, United Kingdom, as a digital bank targeting high-net-worth individuals and businesses. Current accounts, prepaid cards for business expenses, money transfers, business loans, and financial management tools are provided. Operations focus on the fintech sector, with the mobile app available exclusively on iOS devices for user access.
Fortu has 1 investor. Key investors include CBH Bank.
Fortu operates through Fortu Wealth Ltd.