Easyvest
Easyvest is leading a crusade to help all Belgians to make their money grow in a personalized, simple, low-cost and educational way.
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | - | - | 8 % | 23 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | - | - | (86 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | - | - | (87 %) | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
Easyvest, a Brussels-based fintech, entered the Belgian wealth management scene in 2016, founded by Matthieu Remy and Corentin Scavée. The company positions itself as an online portfolio manager, offering a digital-first approach to investing. The founders' backgrounds shaped the company's direction; Matthieu Remy's experience in private equity and Corentin Scavée's expertise in software engineering were combined to build a platform that automates investment management.
The firm's core business revolves around providing discretionary portfolio management through a digital platform, targeting individuals in Belgium seeking to invest for retirement or other long-term goals. Its business model is built on a B2C framework, charging clients an all-in fee that combines advisory, custody, and transaction costs, positioning itself as a lower-cost alternative to traditional private banking. This fee structure is transparent, with rates decreasing as the invested capital increases.
Easyvest's investment philosophy is rooted in passive management, specifically utilizing Exchange Traded Funds (ETFs) to construct diversified portfolios. This strategy is based on the conviction that actively trying to outperform the market is often a futile and costly endeavor. The platform offers various risk profiles, allowing for personalization based on an investor's goals and risk tolerance. Clients can open an account digitally, and the service is complemented by access to human financial advisors for personalized guidance.
In a significant milestone, Easyvest secured a €3 million funding round in 2022, with participation from the Walloon government's investment fund, Noshaq, and other historical shareholders. This capital injection was earmarked for expanding its client base and enhancing its technological infrastructure. The company also broadened its service offering to include pension planning solutions for the self-employed, such as the PLCI (Pension Libre Complémentaire pour Indépendants) and CPTI (Convention de Pension pour Travailleurs Indépendants).
Keywords: wealth management, robo-advisor, passive investing, ETF portfolios, financial planning, fintech, retirement savings, portfolio management, digital investment, Belgian market