PlannerPal

AI financial advice workflow platform PlannerPal has raised £4.3 million ($6 million) in a funding round led by Mercia Ventures, alongside participation from existing investor Ada Ventures and strategic angel investors.

Summary of transaction details:

• Value: £4.3m
• Sector: Fintech
• Advisor: Not disclosed
• Key Entities: PlannerPal, Mercia Ventures, Ada Ventures
• Location: United Kingdom

Note: The capital will support the rapid scaling of PlannerPal's product and engineering teams, accelerate development of client intelligence features, and support expansion from wealth management into the UK mortgage advice market.