XFOLIO Secures $2M to Revolutionise Mid-Sized Institutional Wealth Management

Malaz Madani

Last updated 16-06-2025

3 min

XFOLIO, a fintech from France and Lebanon, secured USD 2 million seed funding.

Founded in 2024 by Anis Rahal, it aims to simplify institutional wealth management.

XFOLIO targets mid-sized financial institutions with a cloud-based platform for real-time data management.

The funding will support product development, market growth, and strategic partnerships in MENA and Europe.

They plan to expand into AI-driven recommendation tools amidst growing fintech competition.

Back when I first started writing about fintech, I remember wealth management sounding like something strictly reserved for the über-rich, full of technical jargon and intimidating numbers. Fast-forward a few years, and modern platforms are finally making wealth management something everyone—even mid-sized institutions—can tap into easily. The latest startup making waves in this space is XFOLIO, which just closed a tidy USD 2 million seed round entirely backed by Middle East Venture Partners (MEVP).

XFOLIO, founded in 2024 by Anis Rahal, is a fintech firm aiming to simplify and automate institutional wealth management. The startup hails from both France and Lebanon, bringing a uniquely international flair to its mission. They’re off to a cracking start by targeting mid-sized financial institutions, family offices, and private wealth managers looking to unify their systems and streamline how they handle wealth.

Interestingly, MEVP's partner Jad El Boustani pointed out that XFOLIO is bridging “a critical gap” in the market. He says existing legacy systems have ignored mid-size wealth managers, leaving them behind in a digital dark age—well... I mean, fair play to XFOLIO for spotting this and swiftly stepping in.

According to Rahal, who's also XFOLIO's CEO, it’s about bringing treasury and wealth management together into one seamless cloud-based solution. Their platform plugs directly into banks, ERPs, CRMs, and various data providers, giving users real-time data connectivity—crucial in today’s fast-paced market conditions. Basically, it lets institutions easily visualise and manage everything from typical financial assets such as stocks and bonds to more exotic belongings like artwork, property, or even collectibles.

The seed funding XFOLIO secured isn't just padding for their coffers—it’ll directly fuel product development, market growth, and the startup’s strategic partnerships across MENA and Europe. They’ve also set their sights on expanding into AI-driven recommendation tools and cross-banking capabilities. I'm not a fan of throwing buzzwords around lightly, but given the scope, that's genuinely forward-thinking.

On the flip side, startups entering this space now face fierce competition—not just from the big-league financial platforms but also nimble fintech newcomers popping up all over MENA and beyond. Yet I reckon XFOLIO's carefully targeted focus and thoughtful product design give them a good fighting chance. Besides, as we've often noted here at Arageek, the region is ripe for fintech innovation, crying out for exactly these kinds of integrated, simplified financial solutions.

Bottom line: XFOLIO's seed round isn't just cash in the bank—it signals a growing appetite across mid-sized institutions for modern financial infrastructure. And believe it or not, this trend isn't likely to slow down anytime soon. Watch this space.

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