• Significant revenue and user adoption fuelled by new partnerships and market expansion
  
• Over 125 platform enhancements, including automated dividend forecasting and a revamped mobile app
• Trebling in mobile user logins over 12 months, highlighting the interest and importance of wealth 'on the go'
  
• Strong client satisfaction showcased via client survey and new case studies in Altoo's Resource Center
  

ZUG, Switzerland, March 18, 2025 /PRNewswire/ -- Altoo AG, a Swiss fintech bridging technology and wealth management, achieved significant milestones in 2024, including a more than 300% increase in mobile app usage, and higher client acquisition rates. Driven by new partnerships, expanded service offerings, and strong client satisfaction ratings, Altoo continues to solidify its position as a leading provider of digital wealth management solutions for family offices, investment professionals, and ultra-high-net-worth individuals (UHNWIs).

"We are proud of our strong performance in 2024, which highlights the market's growing preference for intuitive, secure, and transparent wealth management tools. By focusing on innovative technology and trusted partnerships, we have maintained consistent growth while delivering on our commitment to client-centric services," said Ian Keates, CEO of Altoo AG.

Financial Highlights & Growth

Over the past year, Altoo welcomed over 30% new customers to the platform, bolstered by partnerships with family offices and rising demand among the ultra wealthy. The year was especially robust, drawing these clients from more than six countries on three continents and prompting new business development programs for sustainable long-term growth. A March 2024 survey reinforced Altoo's client-centric approach, showing a 98% satisfaction with 64% of respondents reporting the servicing team exceeded expectations. The dramatic increase of client usage of the new mobile app, together with higher numbers of regular logins to the platform underpinning the success, importance and quality of the Altoo Wealth Platform.

Advancements to the Altoo Wealth Platform

In 2024, Altoo introduced more than 125 new features and product improvements to its flagship product, recognized by Forbes as one of the top family office software platforms. Enhancements include Automated Dividend Forecasting for easy cash flow and liquidity planning, Enhanced Cash Flow Monitoring with real-time visibility into transactions and FX rates, and Upgraded Tagging & Filtering for more nuanced portfolio analysis. These developments build on Altoo's mission to simplify complex wealth for clients worldwide.

Mobile App: On-the-Go Wealth Management

To meet the rising demand for real-time access to portfolio data, Altoo launched a major upgrade to its mobile app. Users can now navigate their entire wealth overview with ease, track performance metrics over time, and benefit from in-app search and watchlists, and much more. Collaboration tools also allow advisors, family members, and UHNWIs to securely share information, while transaction details and linked assets provide granular insights into trades, FX rates, and related holdings - all at the tap of a finger.

Partnership with Divizend & Commitment to Open Finance

Continuing its drive for innovation, Altoo partnered with Divizend GmbH to streamline cash flow and liquidity planning. This strategic move helps automate dividend reclaim processes and boosts efficiency in tax and dividend management.

Market Presence & Industry Engagement

Altoo heightened its profile at major industry forums, including the Europe Investment Family Office Summit 2024 in Lausanne, where it addressed trends in open finance and wealth-tech. The company was also featured in the Forbes Family Office Software & Technology Report 2024, highlighting the sector's growing focus on AI and data security. In the UK and other markets, Altoo continued to demonstrate how its digital platform simplifies operations for UHNWIs, Family Offices and Financial Professionals worldwide.

Resource Center: Showcasing Client Success

Altoo introduced a Resource Center featuring real-world case studies that illustrate how clients - from multi-family offices to private individuals - leverage the Altoo Wealth Platform to improve efficiency and gain a comprehensive view of their total wealth. These stories shed light on best practices and underscore how Altoo's user-friendly platform helps clients eliminate manual processes, simplify reporting, and make data-driven decisions.

Looking Ahead

Altoo anticipates continued customer and market growth in 2025, fuelled by upcoming feature rollouts, additional bank integrations, and targeted business development efforts. With plans to extend its footprint across Switzerland and Europe, Altoo remains focused on delivering top-tier digital wealth management solutions.

About Altoo AG

Altoo is a wealth management fintech founded in 2017 and headquartered in Zug, Switzerland. The company's flagship product, the Altoo Wealth Platform, brings together data on clients' holdings from multiple sources across their entire portfolios, automatically analyses it, and visualises the results in dashboards providing easy-to-understand overviews of their total wealth and detailed performance reports on individual assets. In 2024, Altoo was repeatedly named among the best providers of Family Office Software by Forbes Magazine. Constantly seeking new ways to simplify complex wealth for clients in over 20 countries, Altoo recently partnered with Divizend GmbH to optimise the Altoo Wealth Platform's cash flow and liquidity planning features.

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Media Contact:
press@altoo.io
+41 78 311 5625

Additional resources:
Company website: The Altoo Wealth Platform | Altoo AG
Corporate Blog Altoo Insights: Insights | Altoo AG
Newsletter Subscription: Subscribe | Altoo AG
Media Enquires: Media Enquiries | Altoo AG

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SOURCE Altoo AG