Tagged: robo advisory

Indonesia based Robo-Advisor Bibit Acquires $80M via Round Led by GIC

Indonesian digital investment app provider Bibit recently revealed that it had acquired over $80 million via a funding round that was led by GIC, along with contributions from Prosus Ventures as well as other existing investors. Bibit’s management noted that the capital secured will be… Read More

Affin Bank and MYTHEO to Provide Robo-Advisory Services for Mass Affluent in Malaysia

Affin Bank recently revealed that it had entered a partnership with GAX MD (MYTHEO), a Robo-advisor that’s regulated by the Securities Commission Malaysia. MYTHEO is an algorithm-based and automated discretionary investment portfolio management service that’s enhanced by Al. This latest partnership is the “first” of… Read More

Digital Wealth Management Platform StashAway Expands Business Operations into Thailand

StashAway, a digital wealth management platform, has officially launched in Thailand, which marks a completely new overseas market for the Singapore-headquartered Fintech firm. StashAway, which mainly offers Robo-advisory services, has already established operations in Dubai, Hong Kong, and Malaysia. The StashAway platform, currently accessible to… Read More

California based Fintech Firm Wealthfront Announces that Cash Account Investments May be Invested in Market within Minutes

California-based Fintech firm Wealthfront has announced that clients who use their Cash Account to invest in a Wealthfront Investment Account may have their funds invested in the market “within minutes.” Wealthfront customers who choose to direct deposit their paycheck into the Wealthfront Cash Account may… Read More

UK Challenger Bank TSB Partners with Wealthify to Launch an Investment Program

UK-based challenger bank TSB will be teaming up with Robo-advisory firm Wealthify in order to launch its first investment program. TSB, which claims around 5 million customers, will allow users to follow a link within the TSB app or its Internet banking platform so that… Read More

U.S. Fintech DriveWealth Teams Up With Bambu to Launch Robo Platform For Registered Investment Advisors

DriveWealth Holdings, Inc., a U.S.-based fintech company providing brokers, digital advisors, and mobile online financial services companies seamless access to the U.S. securities market, announced on Tuesday it has teamed up with Bambu, a global provider of robo-advisory technology, to launch a robo platform for registered… Read More

Swedish Fintech Update: iZettle Introduces E-Commerce Marketplace Targeting SMEs & Qapital Nabs $30M in New Funding

Swedish fintech platform iZettle has made good on its promise to grow and innovate.  Last year the platform secured €60 million funding round, which consisted of equity from existing investors in a Series D extension as well as debt funding from Victory Park Capital through its… Read More

KPMG & NASSCOM 10,000 Startups Report: Fintech in India Expected to Double

KPMG and NASSCOM 10,000 Startups just released the new report Fintech in India, targeting key elements that are “creating transformational waves across the financial ecosystem in India” and have seen extensive usage across financial service institutions. Topics include essential themes to the fintech ecosystem such as next-generation payments, financial inclusion, P2P lending, robo… Read More

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