Top 10 European Wealth Management Apps

Moneyfarm manages EUR 4B+ for 100,000+ investors across Italy, the UK, and Germany, targeting the underserved mass-affluent segment with its hybrid digital advisory model. The platform's Italian client base grew 40% year-over-year to 50,000 users, with average portfolio returns of 8.3% after fees, surpassing the European ETF average by 1.2 percentage points. Moneyfarm's regulated advice has attracted EUR 500M in new deposits in 2024 alone.

Its Lifetime ISA and SIPP products have attracted over 1 million UK customers, who have collectively saved an average of GBP 5,000 each. This user base is seven times larger than Wealthify's, and Moneybox has won multiple personal finance awards for accessibility and UX, validating its data-led approach to reducing friction in retirement planning.

Wealthify charges lower annual fees than the typical robo-advisor, with a management fee of just 0.60%, making it cheaper than the average European wealth app. Based in Cardiff and majority-owned by Aviva since 2019, it manages over GBP 1.5 billion for 150,000 UK customers using a simple five-option plan structure that removes the paralysis of choice. This approach has attracted 30% more first-time investors than expected, and its ethical investment plans are a key differentiator, offering 12% higher retention than the industry average.

Chip's autosave algorithm is 40% more effective than manual saving, using open banking and AI to automatically sweep funds from current accounts into interest-bearing accounts and investment funds. With over GBP 600 million saved by 500,000 users, Chip analyzes spending patterns to identify money users would not have set aside manually, achieving an average monthly saving of GBP 85 per user.

Bux offers zero-commission stock and ETF trading across seven European markets, undercutting Moneybox and Wealthify on transaction costs for active traders. Backed by ABN AMRO and Prosus, Bux Zero has over 500,000 users, and its ETF savings plan feature drives 25% higher retention among Dutch and German customers compared to competitors. The gamified interface attracts investors under 35 at three times the rate of traditional brokers, with an average user portfolio of EUR 2,000.

Peaks leads European micro-investing by automatically rounding up everyday card purchases and investing spare change into globally diversified ETF portfolios, managing over €150 million in assets. With 300,000+ users in the Netherlands and Belgium, Peaks partners with ING to embed wealth services directly into banking apps, boosting average deposits by 40% versus the typical robo-advisor. The behavioral nudge system is 25% more effective at building savings habits than manual investment apps, making it ideal for novice investors.

Yolt transformed from a consumer money app into a leading B2B open-banking infrastructure provider, now processing 5 billion account data requests annually for 130+ financial institutions across Europe. Its infrastructure handles €3 billion in monthly transactions, and integration costs are 30% lower than typical enterprise solutions, making it the backbone for Europe's embedded finance sector. However, retail investors should note that this B2B shift means no direct consumer access to wealth management tools.