robo-advisor
Months after its Series A, Singaporean robo-advisor Endowus add $35M SGD in new funding
Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest. The round was led by Prosus Ventures, the venture f
Korean robo-advisor Fount bags $33.4M to advance its AI-based platform
Fount, a robo-advisor startup in South Korea, has raised a $33.4 million Series C round to beef up its machine learning-based platform development and hire staff. The latest round was led by Hana F
Investment app Syfe raises $30M Series B led by returning investor Valar Ventures
Investment apps in Southeast Asia are attracting a lot of funding, and now some are raising fast follow-on rounds, too. For example, Indonesian robo-advisor app Bibit raised $65 million in May just fo
Wealthsimple raises $610M at a $4B valuation
Canadian fintech giant Wealthsimple has raised a new round of $750 million CAD (~$610 million) at a post-money valuation of $5 billion CAD (~$4 billion). The round was led by Meritech and Greylock, an
Bibit raises another growth round led by Sequoia Capital India, this time for $65M
Four months after leading a $30 million growth round in Bibit, Sequoia Capital India has doubled down on its investment in the Indonesian robo-advisor app. Bibit announced today that the firm led a ne
Robo-advisor StashAway gets $25M Series D led by Sequoia Capital India
Investment app StashAway has raised a $25 million Series D led by Sequoia Capital India, with participation from returning investors Eight Roads Ventures and Square Peg. After regulatory approvals for
Indonesian robo-advisor app Bibit raises $30 million led by Sequoia Capital India
Bibit, a robo-advisor app that wants to make investing more accessible in Indonesia, has raised $30 million from Sequoia Capital India. Returning investors East Ventures, EV Growth, AC Ventures and 50
Singapore-based Syfe, a robo-advisor with a human touch, raises $18.6 million led by Valar Ventures
Syfe, a Singapore-based startup that wants to make investing more accessible in Asia, announced today that it has closed a SGD $25.2 million (USD $18.6 million) Series A led by Valar Ventures, a finte
Meet Vise AI, the startup reimagining portfolio management
This TechCrunch Disrupt Battlefield startup wants to upend Wall Street's antiquated wealth management system.
SEC slaps startups Wealthfront and Hedgeable with fines for making false disclosures
The Securities and Exchange Commission appears to be keeping a close eye on financial services startups, with today’s news that the agency has settled cases with two robo-advisory companies over
After raising $70M, Betterment expands financial advice to all users
On the heels of announcing a fresh $70 million in funding led by Swedish investment firm Kinnevik AB, Betterment is launching a new messaging feature that will allow users to ask questions and get an
Vault now offers retirement accounts for any independent contractor
A little more than six months ago, Vault took to the Disrupt Battlefield stage to introduce automated investment accounts small and medium-sized business owners could offer to their employees. Today
Yomoni raises $5.4 million for its automated portfolio management service
French startup Yomoni is a promising fintech startup operating robo-advisors. It means that you can give the company some of your savings, and the startup automatically manages a portfolio for you, bu
Boom, bubble or bust for fintech?
The term “fintech” has become all the rage; investors and media can’t stop talking about it. Many people also have been talking about the “bubble” in the tech industry, but could there be a
The technology-driven transformation of wealth management
In today’s digital world, everyday functions such as making dinner reservations or hailing a taxi are done at the touch of a button. Similarly, other, more complex and esoteric functions, such as we