Chile's Betterplan raises $1.1M to expand wealth management into Argentina
What's the deal? BetterplanDealroom has a profile for this one. Try Dealroom →, a Chilean wealth management fintech, raised $1.1 million in an early-stage round to fund its expansion into Argentina. The Anastassiou family office led, with participation from a second, undisclosed family office and Fondo Vulcano, which increased its stake.
By the numbers: The round brings Betterplan's total raised to roughly $4 million since its 2020 founding. The company managed $120 million in assets at the end of 2025, a figure that has since grown to about $150 million across some 2,000 clients.
What's the endgame? Founded by José Tomás Valente and Rafael Alonso, Betterplan aims to bring multifamily-office services to a broader base of investors through a digital platform paired with human advice. It started with retail investors, then shifted toward wealthier clients, raising its minimum investment to 100 million Chilean pesos and targeting portfolios above $2 million.
The expansion: Betterplan plans to begin operating in Argentina, a move it flagged in February before this round closed. Chief executive officer Valente sees room to grow there, calling it "a large market, but with a capital market smaller than it should be, and there lies a growth opportunity" (translated from Spanish).
Why now? The international push follows a growth stretch in Chile, where Betterplan doubled its assets under management in both 2024 and 2025. With a team of 18, it aims to double assets again in 2026, leaning on a wider client base and the Argentine launch.
Joaquín Rhodius, who spent a decade as wealth management manager at LarrainVialDealroom has a profile for this one. Try Dealroom → and worked at BBVADealroom has a profile for this one. Try Dealroom → and Standard Bank ArgentinaDealroom has a profile for this one. Try Dealroom →, will help lead the effort and now serves as a co-founder.
The signal: Betterplan's raise sits at the smaller end of the funding spectrum, but it reflects a wider bet: independent, tech-enabled wealth advice is expanding across Latin America, targeting capital that sits outside the traditional financial system.
Read more: latamfintech.co
Image credit: Generated with Gemini
