Digital wealth manager Moneyfarm announced that it has appointed Dame Jayne-Anne Gadhia as Chair. Dame Jayne-Anne Gadhia, DBE, CVO, FRSE, “brings considerable experience to the role. She is the Founder and Executive Chair of fintech Snoop and was the CEO of Virgin Money from 2007… Read More
The team at Moneyfarm noted that they’re pleased to announce that the firm has seen encouraging growth in the first half of 2022 “across a number of key metrics, despite disruptive geopolitical issues and resultant market volatility.” One of the clearest ways for them to… Read More
Digital wealth management platform Moneyfarm has confirmed that it will acquire Wealthsimple’s UK business book. Wealthsimple UK has reportedly agreed to transfer its 16,000 UK clients to Moneyfarm by the end of January 2022. The Canadian Robo-advisor said it would no longer be offering its… Read More
Allianz Asset Management (AllianzAM), the financial and governance holding company for the asset management business of Allianz SE, participated in UK-based digital wealth manager Moneyfarm’s latest investment round. Poste Italiane, the retail-banking division of Italy’s post office, is the lead investor in Moneyfarm’s ongoing €40… Read More
Digital wealth manager Moneyfarm announced on Tuesday it secured £40 million through its latest Series B funding round, which was led by Allianz Asset Management. The company reported that it is planning to use the funds to drive next evolution in digital advice. While sharing details about the investment… Read More
Digital wealth manager Moneyfarm announced on Thursday it has acquired the technology behind personal finance chatbot Ernest. The company claimed it is the first wealth manager to explore the use of a personal finance chatbot to help individuals manage money and investments. Moneyfarm stated it is… Read More
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