Tagged: automated investing

Financial Super-App Provider Revolut Introduces Automated Investing in the US

Revolut, the global financial super-app with more than 30 million customers globally, has launched a Robo-advisor in the US. The new feature “manages investment portfolios on behalf of customers to remove the friction from investing with lower fees than traditional companies.” Based on responses from… Read More

Truist Wealth Expands Digital Investing Capabilities with Truist Invest

Truist Wealth has expanded its digital investment offerings with Truist Invest, a robo advisor, and Truist Invest Pro, a hybrid investing solution that “combines automated investing with access to a team of financial advisors.” Joseph M. Thompson, chief wealth officer at Truist, said: “Digital investing… Read More

Wells Fargo Wealth and Investment Management Relaunches Intuitive Investor

Wells Fargo Wealth & Investment Management (WIM) recently announced the relaunch of Intuitive Investor, its digitally automated investing platform. Investors can now “access the robo-advisory platform with only a minimum $500 investment.” Michelle Moore, head of Digital for Consumer and WIM at Wells Fargo, said:… Read More

Mintos Is Introducing Responsible Investing Requirement for Automated Investments in line with MiFID II

Mintos says it’s introducing a “responsible” investing requirement for all automated investments “in line with MiFID II.” The company notes that as investors will be able to invest in Notes in a regulated environment on Mintos, they are introducing “a responsible investing requirement for all… Read More

Overfunding: Fintech Stratiphy, which Offers Investment Strategies, Secures £282K via Crowdcube

Stratiphy, which automatically suggests your “next investment move” using sustainable investment strategies, has raised £282,035 or 141% of its £200,000 target from 328 investors (at the time of writing) via Crowdcube. Startiphy’s management notes that they intend “to simplify the process of analyzing the stock… Read More

Personal Finance Survey Reveals that 67% of Individuals Trust Robots More than Humans to Manage their Investments

We’ve been trusting robots to manage money more than we “trust” ourselves, according to a recent study from Oracle and personal finance specialist Farnoosh Torabi. The global survey of over 9,000 individuals across 14 different countries revealed that the COVID-19 pandemic has “increased finance-related stress… Read More

PeerStreet Update: Lowers Minimum to $100 & Adds New Investment Options to Automated Investing

Real estate investment platform PeerStreet announced on Monday it is updating its Automated Investing product functionality to make it even easier for investors to diversify on the funding portal. PeerStreet reported that it has lowered its minimum investment to just $100 for small balance reinvestments… Read More

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