Chatbot Chip storms past crowdfund target, ending on over £1m
Savings chatbot Chip has stormed passed its crowdsale target, closing the campaign on just over £1m.
Japan-based WealthNavi bags $37.6m in funding round
WealthNavi, a robo-advisor based in Japan, has raised 4.1bn JPY ($37.6m) in a funding round to support the expansion of its management base.
Should you outsource or build your own WealthTech solutions?
Implementing digital wealth management solutions can be tempting for many companies. However, the choice of whether they should build their own, enlist vendors or mix the two approaches is far from easy to make.
AdvisorEngine picks up $20m for wealth management platform
Digital wealth management platform Vanare has raised $20m in a Series A round. The financing comes in the form of a strategic investment by WisdomTree Investments.
Asset management AI company Pagaya closes its Series B on $14m
Pagaya, an asset management support solution powered by machine learning, has closed its Series B round on $14m.
Smartly closes doors due to “intense” competition in Singapore
Singapore-based robo-advisor Smartly has closed down operations after competition in the market was too “intense.”
The company has issued a statement on its website stating,...
Study finds majority of SMEs want human-digital hybrid banking approach
A study by Cynergy Bank has found up to 78% of SMEs want the digital transformation of banking to be balanced with a human constituent to offer a hybrid approach.
Halal investing platform Wahed pockets $5m
Halal investing platform Wahed has raised $5m in funding from strategic investors. The New York-based startup aims to offer ethical robo-based, Shariah-compliant investing to Muslims.
Bambu collects $10m in its Series B round
Bambu, a B2B robo-advisor, has collected $10m in a Series B round to support the expansion of its product offering.
Robo-advisor StashAway bags $16m for its Series C
Singapore-based robo-advisor StashAway has collected SGD $22.3m ($16m) in its Series C round which was led by Square Peg.
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