• French-Lebanese fintech XFOLIO has raised $2 million in Seed funding from Middle East Venture Partners (MEVP).
• Founded by Anis Rahal in 2024, XFOLIO is a next-generation treasury and wealth management platform. With operations spanning Europe and the Middle East, XFOLIO unifies portfolio management and treasury automation in a single cloud-based solution, enabling financial institutions, family offices, and wealth managers to consolidate both bankable and non-bankable assets.
• The company will use the funds to launch AI-powered recommendation tools and cross-bank trading capabilities. 

Press release:

 XFOLIO, a next-generation wealth and treasury management platform, announced today the successful close of its $2 million Seed round, fully funded by Middle East Venture Partners (MEVP). The investment will accelerate XFOLIO’s product development, market expansion, and strategic partnerships across MENA and Europe.

Founded in 2024 by serial entrepreneur Anis Rahal – previously founder of TreasuryXpress (acquired by Bottomline Technologies and a former MEVP portfolio company) – XFOLIO aims to automate and democratise institutional wealth management. The platform enables financial institutions, family offices, and wealth managers to consolidate, automate, and visualise both bankable and non-bankable assets, leveraging financial messaging standards in a first-of-its-kind application.

“We believe XFOLIO is building the future of enterprise wealth tech,” said Jad El Boustani, Partner at MEVP. “Anis and the co-founders bring unmatched expertise in financial connectivity and portfolio management. Their solution addresses a critical gap in the market: modern, cost-effective tools for mid-sized wealth managers who have been left behind by legacy systems. It is an honour to be working again with Anis and his team.”

“At XFOLIO, we believe that Treasury and Wealth Management should be unified into a single, seamless system. Both sectors depend on one critical success factor: real-time connectivity to market data providers. We find the current pricing in the market to be excessive, largely due to legacy systems that fail to leverage modern, cutting-edge technologies. XFOLIO is here to change that. We’re introducing fair, transparent pricing – and our mission is to democratise access to both Treasury and Wealth Management solutions.” said Anis Rahal, Co-founder and CEO of XFOLIO.

XFOLIO combines portfolio management and treasury automation into a single cloud-based platform. With integrations across banks, ERPs, CRMs, and data providers, the platform supports a wide range of asset classes – from stocks and bonds to real estate, art, and collectibles. Its disruptive pricing model – starting at just $40/month – makes it accessible to institutions historically priced out by traditional systems.

The Seed funding will support XFOLIO’s go-to-market strategy and product innovation roadmap, including the development of AI-powered recommendation tools and cross-bank trading capabilities. The company already has several clients and strategic partners in its pipeline.

With family offices and asset managers across MENA and Europe accelerating their digital transformation, XFOLIO is well-positioned to capture a significant share of the $16.6 billion global wealthtech market.