Tags Robo-Advisor

Tag: Robo-Advisor

AI in banking – robo advisors and beyond

The market is ripe for disruption and FinTech firms are set to take the lead in this change to cater to the changing customer preferences. Read more: www.finextra.com

WealthApp pockets $440,000 for robo-investment app

Investment advisory app WealthApp Financial Advisors has raised $440,000 in angel funding. The Bengaluru-based startup aims to help users take their first steps in investment. Read more: www.fintechroundup.com

Robo goes multi-currency and beyond ETFs

As a result, ETFmatic customers in 17 countries in Europe can now open and add extra currency portfolios in pounds, euros and US dollars. Read more: www.finextra.com

Ginmon gains Passion Capital backing for robo-advisor

Ginmon, a Frankfurt-based robo-advisor, has raised a new round of funding led by London VC Passion Capital. The size of the round is undisclosed.

Ignition Wealth raises $762,000 from financial planning veteran

Robo-advisor Ignition Wealth has raised Aus$1m ($762,000) in its first round of venture funding from financial planning expert Barry Lambert.

Legg Mason buys big stake in Robo-Advisor

The asset manager says the deal will help it boost distribution to partnering advisors coping with new DOL rules. Read More: www.thinkadvisor.com

Robo-Advisers financially unviable and flouting FCA rules

UK robo-advisers have come under attack in a scathing new report, which alleged their current business models were unsound and they could be breaking regulatory rules.

Read more: www.professionaladviser.com

Nearly half of North Americans open to robo-advice

Nearly half of North American bank customers are open to ditching human expertise for automated, computer-generated advice and services. Read more: www.finextra.com