Vault Wealth, a digital private wealth platform focused on serving affluent individuals based in UAE, has officially launched to the public.

The announcement coincides with a new investment round led by Peak XV Partners, formerly Sequoia Capital India and Southeast Asia, with continued backing from Outliers VC.

Following the receipt of its license from the ADGM Financial Services Regulatory Authority in mid-2023, Vault has worked closely with a group of high-net-worth individuals (HNWIs) to refine its offering.

With this groundwork in place and product-market fit established, the platform is now opening up to a wider base of affluent investors, specifically those with more than US$100,000 in liquid assets.

According to the company, assets under management have grown by over 300% in the past year, with new clients typically tripling their deposits within 90 days of joining.

“Vault was built with a simple premise: that affluent investors in MENA deserve better, better access, better alignment, and better outcomes,”

said Bilal Abou-Diab, Co-Founder and CEO of Vault.

“Vault is what wealth management should look like today: digital-first, fiduciary by design, and built for how people live and invest now. With Peak XV Partners’ support, we’re entering a new phase of growth, delivering institutional-quality wealth management to a broader base of clients across the region.”

Vault aims to provide a full-service wealth management experience by combining advisory expertise with technology. Its clients include professionals and entrepreneurs from the UAE, the Gulf Cooperation Council, Europe, Asia, and North America.

Services include financial planning, goal-based portfolio management, and access to global markets via Interactive Brokers.

Clients can also explore private market investment opportunities, including private equity, venture capital, private credit, and real estate, through a single platform.

Featured image credit: Vault