The management team is also buying back some of the shares and keeping a good chunk of the company. If you’re not familiar with robo-advisors, think about Yomoni as a sort of Wealthfront or Betterment for the French market. While those American companies are getting quite big, robo-advisors are somewhat new in France. In addition to hiring more people, today’s funding round will lead to new features. For instance, the company says that there will be a new product specifically targeted toward parents who want to save money for their children. Yomoni also hints at a potential mobile app.

https://techcrunch.com/2017/02/01/yomoni-raises-54-million-for-its-automated-portfolio-management-service/