Chip looks to raise funding through crowdfunding campaign
Digital savings account Chip is looking to raise up to ?20m in the coming week through a crowdfunding campaign on Crowdcube.
Robo-adviser MortgageGym bags £500,000 from former Deutsche Bank exec
Mortgage robo-adviser MortgageGym has reportedly picked up a £500,000 investment from former Deutsche Bank AG COO Henry Ritchotte.
B2B WealthTech Flanks scores €2.3m in funding
Flanks, a B2B WealthTech platform aimed at improving investor management capabilities, has reportedly scored €2.3m in a funding round.
Aviva buys majority stake in ‘robo’ investment platform Wealthify
Aviva has bought a majority stake in to robo-advisor solution provider Wealthify, for an undisclosed value.
Investoo Group acquires RoboAdvisor.Com in undisclosed deal
London-based Investoo Group has acquired robo advisor comparison website RoboAdvisors.Com to help the company expand into portfolio management.
Wealthfront nets $75m in latest round, led by Tiger Global
Robo-advisor Wealthfront has netted $75m in a round of funding led by Tiger Global Management.
Bambu takes $400,000 for robo-advisors
B2B robot wealth advisor Bambu has raised $400,000 in a seed round from angel investors and mobile technology firm Tigerspike.
OpenInvest has received $10.4m in its Series A funding
OpenInvest, a digital investment advisor for socially responsible investing, has received $10.4m in its Series A funding led by QED Investors.
WealthNavi picks up $15m for robo-asset management
Tokyo-based asset management service WealthNavi has raised $15m in a Series B round of funding. The investment comes from SBI Holdings and other backers.
Scalable Capital said to raise $28m in funding
Scalable Capital, a robo-advisor platform, has reportedly received $28m in a new growth capital round.