Fintech startup Saturn has raised €12.9 million in Series A funding to make financial advice more accessible and affordable through AI.
The round was led by Singular, with participation from Shapers, Y Combinator, and Zeno Ventures, and will be used to accelerate product development and scale Saturn’s advisory automation platform across the UK and Europe.
“Behind every financial plan is a human story,” said Amal Jolly, CEO and Co-founder of Saturn. “Advisers change lives by giving families confidence and peace of mind. Our job is to empower them — by automating the heavy admin and making compliance more reliable, we help professionals serve more people at a fraction of today’s cost.”
Closing the UK’s Financial “Advice Gap”
Founded in 2023 by Amal Jolly, Michael Ettlinger, and Rohit Vaish, Saturn emerged from Y Combinator’s Summer 2024 batch with a mission to close the UK’s “advice gap.”
Today, fewer than one in ten Britons receive professional financial advice — largely because the cost of serving each client averages £2,000 per year, driven by manual compliance and administrative work. Saturn’s AI platform aims to change that by automating up to 90% of back-office tasks so advisers can focus on clients rather than paperwork.
Tasks that once took four hours now take just 20 minutes, including:
- Generating client suitability reports
- Preparing meeting notes and onboarding forms
- Managing pension transfers and compliance checks
“We started Saturn to harness AI in service of financial inclusion,” added Jolly. “By reducing the cost to deliver advice, we can help the industry scale its impact — improving both the quality and affordability of financial guidance.”
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Built for Compliance, Not Just Efficiency
Unlike generic CRMs or workflow tools, Saturn’s AI platform is purpose-built for regulated advice and fully aligned with FCA and Consumer Duty standards. It adapts to each firm’s internal compliance policies and uses an AI model trained by Saturn’s in-house paraplanners and compliance officers.
The platform is already used by 600+ advisory firms, including Progeny, Hoxton Wealth, Perspective Financial Group, and Insight Financial Associates.
“We’ve rarely seen such an ambitious, high-velocity founding team that combines deep technical expertise with industry insight,” said Jeremy Uzan, Co-founder and General Partner at Singular. “Saturn’s early traction and focus on compliance-first automation position it to define a new category in wealth management.”
A New Wave of AI-Driven Fintech
The raise follows a surge of AI-powered financial technology funding across Europe — from Finary (France) and Flanks (Spain) in wealth automation, to Zango AI (UK) and Resistant AI (Czechia) tackling compliance and fraud detection.
Against that backdrop, Saturn stands out for targeting the intersection of advice, compliance, and affordability — a space ripe for disruption as regulatory and operational pressures mount across the wealth management industry.
What’s Next
The new funding will enable the company to:
- Enhance its AI models and compliance automation engine
- Expand product and engineering teams in London
- Deepen partnerships with major advisory networks and institutions
Ultimately, the company’s goal is to make expert financial advice accessible to one billion people worldwide.
About Saturn
Saturn is a London-based, AI-driven fintech redefining financial advice delivery. Its platform automates compliance, research, and administrative workflows so advisers can focus on people, not paperwork. A Y Combinator (S24) alum, Saturn is trusted by hundreds of firms to deliver faster, smarter, and fully compliant advice — helping bridge the gap between financial expertise and the people who need it most.
