Wealthfront Raises $75 Million Led by Tiger Global Management
California based robo advisor Wealthfront has raised $75 of growth equity capital in a round led by Tiger Global Management. The...
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Wealth Management Startup Betterment Gets $800 Million Valuation
Swedish firm Kinnevik, who led Betterments prior round, re-upped their commitment in this $70M raise based on a doubling of AUM from $4B...
Scalable Capital raises €30m Series B
Munich and London based digital investment manager Scalable Capital has raised €30m in Series B funding led by BlackRock. Founded in 2014...
StashAway raises $2.15m pre-Series A
Singapore based digital financial advisor StashAway has raised $2.15m in pre-Series A funding led by Francis Rozario. Founded by Michele...
Robo Services Focus on Plan Marketplace
Aaron Schumm, CEO of portfolio company Vestwell, discusses how the $7 trillion of defined contribution retirement assets are underserved...
Dave raises $3m Seed Round
Los Angeles based robo-advisor Dave has raised $3m in Seed funding from undisclosed investors. Dave is a US-only app that predicts...
It Looks Like JPMorgan Is Building a Robo Adviser
But the bank would rather you call it an “automated” adviser and whilst Mr. Dimon didn’t say how much money the bank had devoted to...
Yomoni receives $5.4m funding
Paris based robo advisor startup Yomoni has gained $5.4m in venture funding from previous investors Credit Mutuel Arkea and Iena...
Is Robo Advice the Best Advice?
For financial advisors making the transition to compliance with new DOL fiduciary rules, robo advisory could be a compelling option....
RBC partners with BlackRock's FutureAdvisor for robo-adviser pilot program
RBC are piloting FutureAdvisor with their top advisers in the US. These advisers are interested to test the platform's ability to reach...
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