XFOLIO, a French and Lebanese-based FinTech company redefining institutional wealth management, has successfully closed a $2m seed funding round.

The investment was fully provided by Middle East Venture Partners (MEVP), and will enable XFOLIO to accelerate its product development, expand into new markets across MENA and Europe, and form strategic partnerships.

Founded in 2024 by serial entrepreneur Anis Rahal, who previously founded TreasuryXpress before it was acquired by Bottomline Technologies, XFOLIO offers a unified platform that merges portfolio management and treasury automation into a single cloud-based system.

The platform is designed to help financial institutions, family offices and wealth managers consolidate, automate and visualise both bankable and non-bankable assets. It leverages financial messaging standards to deliver a first-of-its-kind application that addresses growing demand for streamlined digital solutions.

The newly secured capital will support the company’s go-to-market strategy and fund the development of AI-powered recommendation tools and cross-bank trading features.

Middle East Venture Partners partner Jad El Boustani said, “We believe XFOLIO is building the future of enterprise WealthTech.

“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 honor to be working again with Anis and his team.”

XFOLIO co-founder and CEO Anis Rahal said, “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 democratize access to both Treasury and Wealth Management solutions.”