Yomoni takes $5.4m for French robo-advisor
French robo-advisor company Yomoni has picked up $5.4m in a new round of funding from existing backer Crédit Mutuel Arkéa and Iéna Venture.
Nutmeg adds another ?12m from Taipei Fubon Bank
London wealth management company Nutmeg has added ?12m to its ?30m Series D round from Taiwanese financial services firm Taipei Fubon Bank.
Pensionera picks up €1.2m for robot retirement planning
Swedish retirement robo-advisor Pensionera has raised €1.2m after winning Optimizer Invest’s startup competition. The deal values the company at €8m.
True Link pulls in $3.6m for retirees financial advice
Digital financial services provider aimed at retirees True Link Financial has raised $3.6m in a new round of funding.
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.
Exeq picks up $1.5m for ‘all-in-one’ finance app
All-in-one personal finance app developer Exeq has picked up $1.5m in seed money to back its launch early next year. New York City angel 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.
Almost 80% of financial advisors expect robo to disrupt industry
Automated and algorithm-based wealth management is making an increasing impact on traditional wealth management.
Uber partners with Betterment to offer drivers retirement accounts
Uber is increasing the financial services that it offers its drivers through a partnership with robo-advice company Betterment.
Ginmon gains Passion Capital backing for robo-advisor
Ginmon, a Frankfurt-based robo-advisor, has raised a new round of funding led by London VC Passion Capital. The size of the round is undisclosed.