Tifin, a FinTech firm that uses AI to shape the future of investor experiences, has acquired SharingAlpha, which is a community of professional investors.
SharingAlpha offers professionals the opportunity to build their own personal track record in terms of both their fund selection and asset allocation capabilities. Investors are able to gain the community’s intelligence on funds’ chances of generating alpha in the future from the collective knowledge gathered on the platform from members of the SharingAlpha community.
Following the acquisition, SharingAlpha will be fully integrated into Tifin’s Magnifi platform. According to Tifin, the integration will offer both retail and professional investors from all over the globe unique digital tools to enhance their personal investment experience leveraging the AI-powered investment intelligence on Magnifi’s existing platform now augmented with SharingAlpha’s proprietary community intelligence insights.
Tifin CEO Vinay Nair said, “Being able to now offer Magnifi’s investment intelligence and capabilities to non-US investors is definitely an important step in our evolution. We are also excited about adding the unique community features developed by SharingAlpha which will enhance our offering to professional investors internationally”.
SharingAlpha CEO and founder Oren Kaplan added, “I am looking forward to working with Magnifi’s team in expanding its reach internationally and in growing the community of professional investors even further. We will continue to be committed to building innovative and useful digital tools to global investors”.
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