Robo Advisors

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...

Exabel, an AI-powered investment advice startup, has received $4.7m in its seed round which will support its go-to-market plan for 2019.

As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.

CyberTech ventures, Deadpool-backed enterprises, and InsurTech startups are among the big winners of the 25 FinTech funding rounds reported last week.

Silicon Valley-based WealthTech business Prumentum Group has raised $25m in a Series A round. The funding comes from family offices, including the Fremont Group and the Cynosure Group.

The Saudi Capital Market Authority has approved two robo-advisory services to being opperations in the country.

While many have predicted that artificial intelligence could change how financial services operate, Kidbrooke notes that the revolution has yet to manifest. Could Covid-19 change that?

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

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.

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.