Upwealth is a SEC (US) and AMF (EU) regulated and compliant digital asset investment platform offering diversified and managed portfolios, financial tools and advice for crypto investing.
Current Status
Launched in December 2023 with no marketing, we've attracted 94 investors, including 52 paying customers, and achieved $274,000 in investments with an average of $5,270 per investor. Our conversion rate stands at 10.06%.
Problem or Opportunity
There is a lack of knowledge, appropriate financial tools and guidance for retail investors seeking low-cost, low-friction, user-friendly entry point to invest in cryptocurrency.
Solution (product or service)
Upwealth is solving the problem by offering an easy to use platform, pre-built diversified and managed portfolios, automated features and advisory services to invest and manage digital assets like a pro.
Business model
- Transaction fee: We collect 0.5% on each buy/sell transactions
- Management fee: 2% on AuM only on managed portfolios
- Interest on crypto assets: We earn interest when staking assets for our customers
- Subscription fee: We earn monthly/annual fees when user upgrades to unlock premium services and extra tools
