With its equity crowdfunding campaign on Crowdcube set to close later this week, digital wealth management platform MarketsFlow will be completing the funding round with more than £250,000 from over 350 investors.
As previously reported, MarketsFlow was launched earlier this year by technologist and entrepreneur Tom Nash. The platform describes itself as a sophisticated, award-winning and innovative machine learning and AI-based intelligent robo advisor and digital wealth management platform. The platform stated it uses data science to empower retail and institutional investors to make optimal investment portfolios.
“With the UK Asset Management industry worth £6.9trn, and Wealth management estimated to be £1.1trn by 2019, we want to empower retail and institutional clients to manage optimised portfolios, the scientific way. By applying advanced algorithms to vast amounts of unstructured financial data, our platform has the capability to produce exemplary portfolio performance in terms of annualized returns, managed volatility, sharpe ratios, and risk management.”
Recently, MarketsFlow confirmed that it is planning to market its platform after receiving our FCA advisory permissions. All funds from the campaign will go towards acquire clients and accelerate growth, UI/UX enhancements, and develop investment management regulatory structure. All funds from the Crowdcube campaign will be used to acquire clients and accelerate growth, UI/UX enhancements, and develop investment management regulatory structure. The platform added:
“We aspire our exit to happening via IPO or an acquisition from a large Asset Manager or Investment Bank like BlackRock, Vanguard, State Street or JP Morgan.”
The campaign is currently scheduled to close on Friday (December 29th).
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!