Singapore-based B2B robo-advisor Bambu has completed its latest funding round.
The undisclosed investment was led by Franklin Templeton Investments, Wavemaker Partners and FinTech investor Robby Hilkowitz
Founded in 2016, the company offers robo-advisor software for financial and non-financial businesses. The platform automates financial planning, saving and investing for consumers through its mobile and desktop app.
This funding round will be used to support the growth of its sales and business development capabilities to meet increasing global robo-advisor solutions demands. The capital will also be used to boost the company’s R&D in Singapore.
Bambu founder and CEO Ned Phillips said, “Bambu is now a growth stage company in the rapidly changing world of digital wealth, and to gain support from leading industry players brings great momentum towards our goal of becoming the market leader in this space.”
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