Robo Advisors

Personal finance chatbot company Plum announces support for challenger banks Monzo and Starling Bank, through the use of Open Banking.

Automated online investment advice platform Munnypot has received backing from UK private equity house Livingbridge.

Robo-advisor Wealthfront has netted $75m in a round of funding led by Tiger Global Management.

Singapore-based robo-advisor StashAway has reportedly scored $5.3m in a Series A funding round.

Savings chatbot Chip has stormed passed its crowdsale target, closing the campaign on just over £1m.

Toronto-based robo-advisor startup Wealthsimple has raised another $37m in a Series B round as it continues to grow its presence in the US market.

Singapore-based AlgoMerchant has reportedly bagged a $2m investment alongside the product launch.

Personalised credit solution Credit Sesame has bagged over $42m in a new equity and venture debt round of financing.

London-based Investoo Group has acquired robo advisor comparison website RoboAdvisors.Com to help the company expand into portfolio management.

Sydney-based robo-advisor and fund management firm Stockspot has raised $2.2m in a Series B round. Australian asset management company ETF Securities’ founder Graham Tuckwell co-led the investment with Alium Capital.