Tagged: robo advisor

December 23, 2016 @ 1:08 pm By JD Alois  |  

Fintech firm Nutmeg is raising money fast. Last month (November), Nutmeg announced it had closed on £30 million Series C led by Convoy Global Holdings in Hong Kong. This week Nutmeg has revealed an additional cash injection of £12 million – this time Taipei Fubon Bank… Read More

December 9, 2016 @ 6:06 pm By Xu Gao  |  

China Minsheng Financial Holding Corporation Limited (CMFH) Plans to Acquire a Fintech Company. On the 30th November, China Minsheng Financial Holding Corporation Limited (CMFH) announced its intent to acquire a Fintech company. CMFH believes that such an acquisition will improve its capacity in Fintech development,… Read More

November 27, 2016 @ 9:01 am By JD Alois  |  

LendingRobot, the robo-advisor geared towards marketplace lending assets, has filed a Form D 506c with the SEC indicating its intent to create a pooled investment fund. According to the filing, the minimum investment accepted will be $100,000.00 with no targeted max size of the fund…. Read More

October 26, 2016 @ 2:55 pm By Erin Hobey  |  

Singapore-Based Bambu announced that Aki Ranin will join Bambu as its Chief Operating Officer, brings more than 15 years of technology experience to his new role. He will report to Ned Phillips, Bambu’s Founder and CEO. “Through joining Bambu I will boost the team’s ability to… Read More

October 13, 2016 @ 3:44 pm By JD Alois  |  

LendingRobot, the robo-advisor that connects retail investors to P2P loans, has launched a new product: LendingRobot for Advisors. This new service will help connect registered investment advisors to invest in Lending Club loans. The new application is in partnership with Millenium Trust the firm that… Read More

August 22, 2016 @ 9:46 am By JD Alois  |  

Singapore-based Robo-advisor Bambu has received USD $400,000 in seed funding. Tigerspike and angel investors from Singapore funded the round. The funding will be used to boost the Bambu team and to build out the product and expand into other regional markets. Bambu is an advisor that offers… Read More

June 7, 2016 @ 11:00 am By JD Alois  |  

LendingRobot is “doubling down” on Lending Club. As the largest marketplace lending platform in the US fights back to regain its sea-legs, Lending Robot, a provider of analytical tools for retail investors in marketplace lending assets is launching a new feature to improve investor returns. Despite… Read More

April 8, 2016 @ 9:17 am By JD Alois  |  

Digital asset manager Scalable Capital has raised €7 million in a Series A funding round. The additional capital was provided mainly by existing investors; Holtzbrinck Ventures, Monk’s Hill Ventures, Tim Marbach, MPGI, Raier Mauch and the German Startups Group. Tengelmann Ventures joined the funding round as… Read More

March 29, 2016 @ 5:07 pm By Samantha Hurst  |  

On Tuesday, robo-adviser firm Betterment announced it has received a total of $100 million from venture capital investors during a series E funding round. The company also confirmed that its valuation has raised from $450 million to $700 million. Swedish investment firm, Kinnevik, led the funding round. Previous… Read More

March 28, 2016 @ 1:13 pm By JD Alois  |  

Full service brokerage Capital One Investing has announced a “fund evaluator tool” to the bells and whistles of their investor services.  Capital One joins the growing legions of both Fintech startups and traditional financial firms that see the value in providing automated services as a… Read More