Automated investment platform InvestSuite has reportedly secured €3m investment round, coming just months after its former round.
The fresh equity was supplied by PMV, AB Accelerator, 365.fintech and more, according to a report from EU-Startups.
Belgium-based InvestSuite previously bagged €2m in its seed round in April this year. Capital came from PMV and a number of unnamed business angels.
The FinTech has built AI-powered digital investment solutions which help financial institutions digitise their own offerings. Founded in 2018, the company is operating across Europe, Latin America and the Middle East. It is also in discussions with more financial institutions in Australia.
Its end-to-end customisable robo-advisor supplies automated investment products which financial institutions can give to their customers. Other services available include multi-asset trading, quantitative portfolio construction and portfolio reporting.
InvestSuite CEO and co-founder Bart Vanhaeren told EU-Startups, “The opportunity for us is right now; The pandemic has strongly accelerated the digital wealth transformation journeys in our key financial services verticals, and our rapidly expanding global pipeline. The funding allows us to hone in on these opportunities.”
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