Just days before its equity crowdfunding round was set to close on Crowdcube, digital wealth management platform MarketsFlow announced it was extending the campaign for another two weeks. In the latest update, the MarketsFlow team stated:
“We are extremely pleased to announce the extension of MarketsFlow’s campaign up until 14th of January midnight. We have had renewed interest in the campaign from a number of potential investors – industry professionals and others who want to be part of this round. Due to the holiday season it is only fair that we give them the extra time to join us for this round. We also want to take the opportunity to thank all of the 368 investors, our followers and potential clients who have pre-registered on the website. It is humbling to see such a response, and we could not be more excited about the future.”
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 its 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.
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