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.
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.
Wealth Wizards forms open banking partnership with Moneyhub
Financial advisor Wealth Wizards will use Moneyhub Enterprise data APIs to provide customers with holistic advice that is backed by real-time consent driven personal data.
WealthApp pockets $440,000 for robo-investment app
Investment advisory app WealthApp Financial Advisors has raised $440,000 in angel funding. The Bengaluru-based startup aims to help users take their first steps in investment.
Brazil’s Magnetis said to raise $11m as it looks to become a full-service brokerage
Magnetis, which offers Brazilian investors a wealth management solution, has reportedly raised $11m in its new funding round as it looks to become a full-service brokerage.
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.
WealthTech Carne Group secures $121.8m in new investment
Digital asset management company Carne Group has netted a $121.8m investment from Vitruvian Partners to expand the WealthTech client led technology solutions.