WeeFin Secures €7M in Series A Funding to Become European Financial Institutions’ Leading ESG Partner
WeeFin Secures €7M in Series A Funding to Become European Financial Institutions’ Leading ESG Partner
Leveraging its SaaS platform, WeeFin empowers financial institutions to implement and oversee robust ESG strategies, ensuring compliance with national and international regulations.
Leveraging its Software as aService (SaaS) platform, WeeFin empowers financial institutions to implement and oversee robust ESG strategies, ensuring compliance with national and international regulations.
Founded in 2018 by Grégoire Hug (former Head of Product R&D at BNP Paribas), Marion Aubert, Sabrine Aouida, and Guillaume Klech, the company already works with over 35 clients in Europe gathering€4,454 billion assets under management and 8m+ portfolio companies. Notable clients include Natixis Investment Managers, La Financière de l'Echiquier,Ostrum Asset Management, and Sycomore Asset Management.
Streamlining the Definition and Management of ESG Strategies for Financial Institutions
Regulatory frameworks now require financial institutions to measuretheir holdings’ impact in terms of Environment, Social and Governance, in order for them to invest more responsibly.
Climate, biodiversity, gender parity or human rights protection, monitoring an ESG strategy implies managing heterogeneous and distributed data coming from multiple providers, based on specific objectives and local regulations.
Such challenge requires from financialinstitutions time, adapted tools and qualified resources to manage the amountof data and models, before being able to efficiently define, handle, pilot andoptimize their ESG strategy.
WeeFin developed ESG connect, a SaaS platform,allowing financial institutions to collect, aggregate and improve the quality oftheir data while analyzing and tracking their ESG commitments to produce required reporting. The startup also offers functionalities for their clients to invest more responsibility with add-ons based on shareholder’s engagement or exclusion policies allowing them to go beyond regulatory requirements.
The single platform gathers all data and processes from a company to improve collaboration and communication across teams, while saving time to focus on a more sustainable finance.
Becoming the Premier ESG Platform in Europe
This fundraising will allow WeeFin to become the go-to ESG platform in Europe. The company supports clients in implementing ESG strategies and preparing for upcoming regulatory changes, such as the new SRI label reference framework (March 2024), the European regulation level 2 update on ESG transparency of financial products (SFDR) in 2025, and the implementation of the SDR regulation in the UK by the end of 2024.
To meet these objectives, WeeFin plans to hire over100 new employees in France and the UK by the end of 2025, with a London office slated to open in the first quarter of 2024.
Grégoire Hug, CEO and co-founder of WeeFin,states, "This new funding will enable us to push our mission further by elevating the standards of sustainable finance, making our customers' lives easier, and guiding them towards increasingly ambitious ESG strategies. In 2024, we plan to expand our product range by introducing new functionalities to the platform. We are also enthusiastic about venturing into new markets in Europe, believing that impactful change for the planet comes through widespread commitment."
Sabrine Aouida, Chief Impact Officer at WeeFin,adds, "Since the inception of WeeFin, we have supported numerous financial institutions in developing and strengthening their ESG strategy. Seeing companies making a more robust commitment with our help brings us some much pride, and we look forward to going even further with them."
Gil Doukhan, Partner, and Anaïs Monlong,Principal of IRIS, say, “Monitoring environmental and social data is strategic to assets managers growth and investment. Yet it requires new processes and dedicated tools that match their requirements. Grégoire and his team’s extensive experience in ESG data management within financial institutions is key to conquering this market. Their product fits asset managers’ specific workflows, while ensuring they keep control of their ESG strategy, a value proposition unique to WeeFin.”
Leveraging its Software as aService (SaaS) platform, WeeFin empowers financial institutions to implement and oversee robust ESG strategies, ensuring compliance with national and international regulations.
Founded in 2018 by Grégoire Hug (former Head of Product R&D at BNP Paribas), Marion Aubert, Sabrine Aouida, and Guillaume Klech, the company already works with over 35 clients in Europe gathering€4,454 billion assets under management and 8m+ portfolio companies. Notable clients include Natixis Investment Managers, La Financière de l'Echiquier,Ostrum Asset Management, and Sycomore Asset Management.
Streamlining the Definition and Management of ESG Strategies for Financial Institutions
Regulatory frameworks now require financial institutions to measuretheir holdings’ impact in terms of Environment, Social and Governance, in order for them to invest more responsibly.
Climate, biodiversity, gender parity or human rights protection, monitoring an ESG strategy implies managing heterogeneous and distributed data coming from multiple providers, based on specific objectives and local regulations.
Such challenge requires from financialinstitutions time, adapted tools and qualified resources to manage the amountof data and models, before being able to efficiently define, handle, pilot andoptimize their ESG strategy.
WeeFin developed ESG connect, a SaaS platform,allowing financial institutions to collect, aggregate and improve the quality oftheir data while analyzing and tracking their ESG commitments to produce required reporting. The startup also offers functionalities for their clients to invest more responsibility with add-ons based on shareholder’s engagement or exclusion policies allowing them to go beyond regulatory requirements.
The single platform gathers all data and processes from a company to improve collaboration and communication across teams, while saving time to focus on a more sustainable finance.
Becoming the Premier ESG Platform in Europe
This fundraising will allow WeeFin to become the go-to ESG platform in Europe. The company supports clients in implementing ESG strategies and preparing for upcoming regulatory changes, such as the new SRI label reference framework (March 2024), the European regulation level 2 update on ESG transparency of financial products (SFDR) in 2025, and the implementation of the SDR regulation in the UK by the end of 2024.
To meet these objectives, WeeFin plans to hire over100 new employees in France and the UK by the end of 2025, with a London office slated to open in the first quarter of 2024.
Grégoire Hug, CEO and co-founder of WeeFin,states, "This new funding will enable us to push our mission further by elevating the standards of sustainable finance, making our customers' lives easier, and guiding them towards increasingly ambitious ESG strategies. In 2024, we plan to expand our product range by introducing new functionalities to the platform. We are also enthusiastic about venturing into new markets in Europe, believing that impactful change for the planet comes through widespread commitment."
Sabrine Aouida, Chief Impact Officer at WeeFin,adds, "Since the inception of WeeFin, we have supported numerous financial institutions in developing and strengthening their ESG strategy. Seeing companies making a more robust commitment with our help brings us some much pride, and we look forward to going even further with them."
Gil Doukhan, Partner, and Anaïs Monlong,Principal of IRIS, say, “Monitoring environmental and social data is strategic to assets managers growth and investment. Yet it requires new processes and dedicated tools that match their requirements. Grégoire and his team’s extensive experience in ESG data management within financial institutions is key to conquering this market. Their product fits asset managers’ specific workflows, while ensuring they keep control of their ESG strategy, a value proposition unique to WeeFin.”
Leveraging its Software as aService (SaaS) platform, WeeFin empowers financial institutions to implement and oversee robust ESG strategies, ensuring compliance with national and international regulations.
Founded in 2018 by Grégoire Hug (former Head of Product R&D at BNP Paribas), Marion Aubert, Sabrine Aouida, and Guillaume Klech, the company already works with over 35 clients in Europe gathering€4,454 billion assets under management and 8m+ portfolio companies. Notable clients include Natixis Investment Managers, La Financière de l'Echiquier,Ostrum Asset Management, and Sycomore Asset Management.
Streamlining the Definition and Management of ESG Strategies for Financial Institutions
Regulatory frameworks now require financial institutions to measuretheir holdings’ impact in terms of Environment, Social and Governance, in order for them to invest more responsibly.
Climate, biodiversity, gender parity or human rights protection, monitoring an ESG strategy implies managing heterogeneous and distributed data coming from multiple providers, based on specific objectives and local regulations.
Such challenge requires from financialinstitutions time, adapted tools and qualified resources to manage the amountof data and models, before being able to efficiently define, handle, pilot andoptimize their ESG strategy.
WeeFin developed ESG connect, a SaaS platform,allowing financial institutions to collect, aggregate and improve the quality oftheir data while analyzing and tracking their ESG commitments to produce required reporting. The startup also offers functionalities for their clients to invest more responsibility with add-ons based on shareholder’s engagement or exclusion policies allowing them to go beyond regulatory requirements.
The single platform gathers all data and processes from a company to improve collaboration and communication across teams, while saving time to focus on a more sustainable finance.
Becoming the Premier ESG Platform in Europe
This fundraising will allow WeeFin to become the go-to ESG platform in Europe. The company supports clients in implementing ESG strategies and preparing for upcoming regulatory changes, such as the new SRI label reference framework (March 2024), the European regulation level 2 update on ESG transparency of financial products (SFDR) in 2025, and the implementation of the SDR regulation in the UK by the end of 2024.
To meet these objectives, WeeFin plans to hire over100 new employees in France and the UK by the end of 2025, with a London office slated to open in the first quarter of 2024.
Grégoire Hug, CEO and co-founder of WeeFin,states, "This new funding will enable us to push our mission further by elevating the standards of sustainable finance, making our customers' lives easier, and guiding them towards increasingly ambitious ESG strategies. In 2024, we plan to expand our product range by introducing new functionalities to the platform. We are also enthusiastic about venturing into new markets in Europe, believing that impactful change for the planet comes through widespread commitment."
Sabrine Aouida, Chief Impact Officer at WeeFin,adds, "Since the inception of WeeFin, we have supported numerous financial institutions in developing and strengthening their ESG strategy. Seeing companies making a more robust commitment with our help brings us some much pride, and we look forward to going even further with them."
Gil Doukhan, Partner, and Anaïs Monlong,Principal of IRIS, say, “Monitoring environmental and social data is strategic to assets managers growth and investment. Yet it requires new processes and dedicated tools that match their requirements. Grégoire and his team’s extensive experience in ESG data management within financial institutions is key to conquering this market. Their product fits asset managers’ specific workflows, while ensuring they keep control of their ESG strategy, a value proposition unique to WeeFin.”
WeeFin Secures €7M in Series A Funding to Become European Financial Institutions’ Leading ESG Partner
Leveraging its SaaS platform, WeeFin empowers financial institutions to implement and oversee robust ESG strategies, ensuring compliance with national and international regulations.
Leveraging its Software as aService (SaaS) platform, WeeFin empowers financial institutions to implement and oversee robust ESG strategies, ensuring compliance with national and international regulations.
Founded in 2018 by Grégoire Hug (former Head of Product R&D at BNP Paribas), Marion Aubert, Sabrine Aouida, and Guillaume Klech, the company already works with over 35 clients in Europe gathering€4,454 billion assets under management and 8m+ portfolio companies. Notable clients include Natixis Investment Managers, La Financière de l'Echiquier,Ostrum Asset Management, and Sycomore Asset Management.
Streamlining the Definition and Management of ESG Strategies for Financial Institutions
Regulatory frameworks now require financial institutions to measuretheir holdings’ impact in terms of Environment, Social and Governance, in order for them to invest more responsibly.
Climate, biodiversity, gender parity or human rights protection, monitoring an ESG strategy implies managing heterogeneous and distributed data coming from multiple providers, based on specific objectives and local regulations.
Such challenge requires from financialinstitutions time, adapted tools and qualified resources to manage the amountof data and models, before being able to efficiently define, handle, pilot andoptimize their ESG strategy.
WeeFin developed ESG connect, a SaaS platform,allowing financial institutions to collect, aggregate and improve the quality oftheir data while analyzing and tracking their ESG commitments to produce required reporting. The startup also offers functionalities for their clients to invest more responsibility with add-ons based on shareholder’s engagement or exclusion policies allowing them to go beyond regulatory requirements.
The single platform gathers all data and processes from a company to improve collaboration and communication across teams, while saving time to focus on a more sustainable finance.
Becoming the Premier ESG Platform in Europe
This fundraising will allow WeeFin to become the go-to ESG platform in Europe. The company supports clients in implementing ESG strategies and preparing for upcoming regulatory changes, such as the new SRI label reference framework (March 2024), the European regulation level 2 update on ESG transparency of financial products (SFDR) in 2025, and the implementation of the SDR regulation in the UK by the end of 2024.
To meet these objectives, WeeFin plans to hire over100 new employees in France and the UK by the end of 2025, with a London office slated to open in the first quarter of 2024.
Grégoire Hug, CEO and co-founder of WeeFin,states, "This new funding will enable us to push our mission further by elevating the standards of sustainable finance, making our customers' lives easier, and guiding them towards increasingly ambitious ESG strategies. In 2024, we plan to expand our product range by introducing new functionalities to the platform. We are also enthusiastic about venturing into new markets in Europe, believing that impactful change for the planet comes through widespread commitment."
Sabrine Aouida, Chief Impact Officer at WeeFin,adds, "Since the inception of WeeFin, we have supported numerous financial institutions in developing and strengthening their ESG strategy. Seeing companies making a more robust commitment with our help brings us some much pride, and we look forward to going even further with them."
Gil Doukhan, Partner, and Anaïs Monlong,Principal of IRIS, say, “Monitoring environmental and social data is strategic to assets managers growth and investment. Yet it requires new processes and dedicated tools that match their requirements. Grégoire and his team’s extensive experience in ESG data management within financial institutions is key to conquering this market. Their product fits asset managers’ specific workflows, while ensuring they keep control of their ESG strategy, a value proposition unique to WeeFin.”
Leveraging its Software as aService (SaaS) platform, WeeFin empowers financial institutions to implement and oversee robust ESG strategies, ensuring compliance with national and international regulations.
Founded in 2018 by Grégoire Hug (former Head of Product R&D at BNP Paribas), Marion Aubert, Sabrine Aouida, and Guillaume Klech, the company already works with over 35 clients in Europe gathering€4,454 billion assets under management and 8m+ portfolio companies. Notable clients include Natixis Investment Managers, La Financière de l'Echiquier,Ostrum Asset Management, and Sycomore Asset Management.
Streamlining the Definition and Management of ESG Strategies for Financial Institutions
Regulatory frameworks now require financial institutions to measuretheir holdings’ impact in terms of Environment, Social and Governance, in order for them to invest more responsibly.
Climate, biodiversity, gender parity or human rights protection, monitoring an ESG strategy implies managing heterogeneous and distributed data coming from multiple providers, based on specific objectives and local regulations.
Such challenge requires from financialinstitutions time, adapted tools and qualified resources to manage the amountof data and models, before being able to efficiently define, handle, pilot andoptimize their ESG strategy.
WeeFin developed ESG connect, a SaaS platform,allowing financial institutions to collect, aggregate and improve the quality oftheir data while analyzing and tracking their ESG commitments to produce required reporting. The startup also offers functionalities for their clients to invest more responsibility with add-ons based on shareholder’s engagement or exclusion policies allowing them to go beyond regulatory requirements.
The single platform gathers all data and processes from a company to improve collaboration and communication across teams, while saving time to focus on a more sustainable finance.
Becoming the Premier ESG Platform in Europe
This fundraising will allow WeeFin to become the go-to ESG platform in Europe. The company supports clients in implementing ESG strategies and preparing for upcoming regulatory changes, such as the new SRI label reference framework (March 2024), the European regulation level 2 update on ESG transparency of financial products (SFDR) in 2025, and the implementation of the SDR regulation in the UK by the end of 2024.
To meet these objectives, WeeFin plans to hire over100 new employees in France and the UK by the end of 2025, with a London office slated to open in the first quarter of 2024.
Grégoire Hug, CEO and co-founder of WeeFin,states, "This new funding will enable us to push our mission further by elevating the standards of sustainable finance, making our customers' lives easier, and guiding them towards increasingly ambitious ESG strategies. In 2024, we plan to expand our product range by introducing new functionalities to the platform. We are also enthusiastic about venturing into new markets in Europe, believing that impactful change for the planet comes through widespread commitment."
Sabrine Aouida, Chief Impact Officer at WeeFin,adds, "Since the inception of WeeFin, we have supported numerous financial institutions in developing and strengthening their ESG strategy. Seeing companies making a more robust commitment with our help brings us some much pride, and we look forward to going even further with them."
Gil Doukhan, Partner, and Anaïs Monlong,Principal of IRIS, say, “Monitoring environmental and social data is strategic to assets managers growth and investment. Yet it requires new processes and dedicated tools that match their requirements. Grégoire and his team’s extensive experience in ESG data management within financial institutions is key to conquering this market. Their product fits asset managers’ specific workflows, while ensuring they keep control of their ESG strategy, a value proposition unique to WeeFin.”
Leveraging its Software as aService (SaaS) platform, WeeFin empowers financial institutions to implement and oversee robust ESG strategies, ensuring compliance with national and international regulations.
Founded in 2018 by Grégoire Hug (former Head of Product R&D at BNP Paribas), Marion Aubert, Sabrine Aouida, and Guillaume Klech, the company already works with over 35 clients in Europe gathering€4,454 billion assets under management and 8m+ portfolio companies. Notable clients include Natixis Investment Managers, La Financière de l'Echiquier,Ostrum Asset Management, and Sycomore Asset Management.
Streamlining the Definition and Management of ESG Strategies for Financial Institutions
Regulatory frameworks now require financial institutions to measuretheir holdings’ impact in terms of Environment, Social and Governance, in order for them to invest more responsibly.
Climate, biodiversity, gender parity or human rights protection, monitoring an ESG strategy implies managing heterogeneous and distributed data coming from multiple providers, based on specific objectives and local regulations.
Such challenge requires from financialinstitutions time, adapted tools and qualified resources to manage the amountof data and models, before being able to efficiently define, handle, pilot andoptimize their ESG strategy.
WeeFin developed ESG connect, a SaaS platform,allowing financial institutions to collect, aggregate and improve the quality oftheir data while analyzing and tracking their ESG commitments to produce required reporting. The startup also offers functionalities for their clients to invest more responsibility with add-ons based on shareholder’s engagement or exclusion policies allowing them to go beyond regulatory requirements.
The single platform gathers all data and processes from a company to improve collaboration and communication across teams, while saving time to focus on a more sustainable finance.
Becoming the Premier ESG Platform in Europe
This fundraising will allow WeeFin to become the go-to ESG platform in Europe. The company supports clients in implementing ESG strategies and preparing for upcoming regulatory changes, such as the new SRI label reference framework (March 2024), the European regulation level 2 update on ESG transparency of financial products (SFDR) in 2025, and the implementation of the SDR regulation in the UK by the end of 2024.
To meet these objectives, WeeFin plans to hire over100 new employees in France and the UK by the end of 2025, with a London office slated to open in the first quarter of 2024.
Grégoire Hug, CEO and co-founder of WeeFin,states, "This new funding will enable us to push our mission further by elevating the standards of sustainable finance, making our customers' lives easier, and guiding them towards increasingly ambitious ESG strategies. In 2024, we plan to expand our product range by introducing new functionalities to the platform. We are also enthusiastic about venturing into new markets in Europe, believing that impactful change for the planet comes through widespread commitment."
Sabrine Aouida, Chief Impact Officer at WeeFin,adds, "Since the inception of WeeFin, we have supported numerous financial institutions in developing and strengthening their ESG strategy. Seeing companies making a more robust commitment with our help brings us some much pride, and we look forward to going even further with them."
Gil Doukhan, Partner, and Anaïs Monlong,Principal of IRIS, say, “Monitoring environmental and social data is strategic to assets managers growth and investment. Yet it requires new processes and dedicated tools that match their requirements. Grégoire and his team’s extensive experience in ESG data management within financial institutions is key to conquering this market. Their product fits asset managers’ specific workflows, while ensuring they keep control of their ESG strategy, a value proposition unique to WeeFin.”
