Tagged: robo-advisors

August 7, 2020 @ 6:14 pm By Omar Faridi  |  

Fintech advisor Efi Pylarinou claims that digital bank Revolut is leading the “re-bundling” race among Europe based financial technology service providers. Pylarinou notes: “As technology [continues to] commoditize products and services at an ever increasing rate, re-bundling catch up is the name of the game… Read More

July 21, 2020 @ 9:52 pm By Omar Faridi  |  

Decentralized finance (DeFi) investors have been actively trading a large number of crypto-assets and they’ve also been taking advantage of competitive borrowing and lending options offered through these emerging platforms. Established by Jai Bhavnani, Jack Lipstone, and David Lucid, Rari Capital aims to become a… Read More

June 10, 2020 @ 3:29 pm By Omar Faridi  |  

BuyShares claims that the Robo Advisors sector is expected to reach a valuation of $987.4 billion this year, which represents a 19.3% increase in only a year. As mentioned in a release shared with CI: “The last few months have witnessed a surge in the… Read More

June 5, 2020 @ 12:52 am By Omar Faridi  |  

California-based Fintech Wealthfront, a Robo-Advisor that had been focused on becoming a digital bank, has revealed that its checking account features are now live for the Wealthfront Cash Account. In statements shared with Crowdfund Insider, Wealthfront’s management noted that they’re on track to deliver what… Read More

March 23, 2018 @ 8:20 am By Erin Hobey  |  

StashAway, reportedly the first robo-adviser to receive a retail license in Singapore, has completed a USD $5.3 million (SGD $7.0 million) Series A funding round. According to the company, a group of family offices and  new investors as well as previous investors in the business, such… Read More

June 7, 2017 @ 2:07 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has published a consultation on the regulation of Robo-Advisors or “Digital Advisory Services.” The consultation will close on July 7, 2017. The MAS proposal seeks to support innovation in financial services by recognising the unique characteristics of digital platforms…. Read More

June 2, 2017 @ 3:19 pm By JD Alois  |  

The Chairman of the Securities and Exchange Commission (SEC) Jay Clayton published a request for comments today tackling a controversial topic. Chair Clayton addressed the Department of Labor’s “Fiduciary Rule” that deals with the conduct of investment advisors and broker dealers. It will also impact… Read More

May 25, 2017 @ 6:37 am By JD Alois  |  

Stash, a digital investment advisor, has appointed Giff Carter as Chief Revenue Officer. The new hire was said to coincide with “exponential user growth and rapid expansion.” The company reported topping 500,000 users in March. Today, Stash has over 675,000 users. Prior to joining Stash, Carter… Read More

May 20, 2017 @ 9:36 am By Jonathan Nieh  |  

According to TechinAsia, StashAway, a Fintech startup based in Singapore focused on providing wealth management, announced it had secured US $2.15 million in funding for its Series A round. StashAway is a software solution for individual investors to manage their investment portfolio. StashAway claims to… Read More

May 17, 2017 @ 1:23 pm By JD Alois  |  

As expected, SoFi has announced wide availability of SoFi Wealth. The financial advisory platform is described as a low-cost online wealth management platform that combines an online and mobile interface with unlimited access to live, licensed financial advisors. SoFi, an iconoclastic Fintech Unicorn, is combining… Read More

April 26, 2017 @ 8:37 am By JD Alois  |  

Certua is described as a Fintech platform that utilizes data to allow both individuals and advisers to benefit from financial planning solutions that automatically adjust as people’s lives change. The robo-life insurance service, expected to be the first service launched by the company, is intended… Read More

February 23, 2017 @ 2:49 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has published information and guidance for investors and the financial services industry regarding the use of Robo-advisers, which are registered investment advisers that use computer algorithms to provide investment advisory services online. The Commission’s Division of Investment Management issued… Read More