Latest robo-advisor News: Finextra Research

AdviceRobo launches Seedrs crowdfunding campaign

This week AdviceRobo, launched its Seedrs crowdfunding campaign. AdviceRobo is a top 100 European Fintech award winner and a leader in innovative credit scoring, advanced analytics and robo-advice solutions for consumer and small business loans.

19 October 2016

Company update/robo-advisor

Vestmark unveils robo-advice platform

Vestmark, the leading provider of Unified Wealth Management® solutions, announced today the VestmarkONE Robo Solution.

19 October 2016

Company update/robo-advisor

DriveWealth and Alkanza bring robo advisory services to Latin America

DriveWealth, a U.S.-based broker-dealer, is pleased to announce its partnership with Alkanza Inc., a Silicon Valley based Registered Investment Advisor.

12 October 2016

Company update/robo-advisor

Allianz takes minority stake in MoneyFarm

MoneyFarm, the digital wealth manager, has announced a new strategic investment from Allianz Ventures. They will take a minority shareholding in the company.

26 September 2016

Company update/robo-advisor

FolioDynamix and Scivantage forge robo advisory partnership

Financial technology industry leaders and innovators, Scivantage® and FolioDynamix, today announced a joint partnership from the main stage of the FolioDynamix Client Conference in San Antonio.

22 September 2016

News/robo-advisor

Wealth management firms to embrace tech and see off fintech insurgents - report

Wealth management firms are falling short of client expectations when it comes to their use of technology, but established players in the field are likely to respond well to the digital revolution and will not be displaced by fintech insurgents, new research from Roubini ThoughtLab suggests.

21 September 2016

News/robo-advisor

Advantage Ellevest as Venus Williams invests in robo-advisory service for women

Venus Williams is among the big hitters to join a $9 million funding round for Ellevest, a robo-advisory startup run by former Bank of America and Citi executive Sallie Krawcheck that caters specifically to women

15 September 2016

Company update/robo-advisor

Wealthify turns to the power of the crowd for £1 million fund raise

Wealthify, the online investment service, has today officially opened its campaign to raise capital through the crowd.

12 September 2016

News/robo-advisor

ING welcomes Pepper the robot to Amsterdam HQ

Dutch bank ING welcomed a special guest to its headquarters this week: Pepper, a humanoid robot who may herald the beginning of an AI-driven future for banking services.

06 September 2016

Company update/robo-advisor

Robo advisor Ginmon closes financing round

Frankfurt based Robo Advisor closes financing round in the 7-digit Euro range to pursue their international growth strategy. Among the biggest investors are the London based VC Passion Capital.

25 August 2016

News/robo-advisor

US Bank joins robo investment movement with FutureAdvisor

US Bank is the latest large financial institution to team up with an automated investment platform to provide online financial advice to wealth management clients, forming an alliance with BlackRock-owned FutureAdvisor.

25 August 2016

News/robo-advisor

Fintech founder calls Aussie banks hyprocrites over Apple Pay complaints

The founder of an Australian robo-advisor has accused the country's banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay

29 July 2016

News/robo-advisor

Nearly half of North Americans open to robo-advice

Nearly half of North American bank customers are open to ditching human expertise for automated, computer-generated advice and services, according to a survey from Accenture.

01 July 2016

Company update/robo-advisor

Dutch robo-advisor Pritle launches in Austria and Switzerland

Online wealth manager Pritle announced today it is launching its online wealth management service (in Euros) to residents of Switzerland and Austria.

30 June 2016

News/robo-advisor

Wealth managers must up digital game to fend off fintech threat

With up to half of their net income at risk due to poor digital capabilities, wealth management firms will need to explore partnerships with fintech upstarts to ensure their long-term success, according to a report from Capgemini.

24 June 2016

News/robo-advisor

Hedge fund boss welcomes day when computers take over

The president of one of the world's largest hedge funds has told an audience of fund managers that he looks forward to the day when they will all be replaced by computers.

09 June 2016

News/robo-advisor

Standard Chartered revamps mobile and online channels for African push

Standard Chartered is rolling out a new mobile and online banking service to serve one million clients across eight African markets as part of a three-year $1.5 billion commitment to a digital future.

31 May 2016

News/robo-advisor

Robots on the high street: MoneyFarm opens pop-up shop

Digital investment advisory firm MoneyFarm is looking to bridge the gap between the impersonal world of the robo-advisor and the confidence-building connection achieved via a human intermediary by opening its first pop-up shop in Milan.

20 May 2016

News/robo-advisor

Krawcheck launches robo-advisory service for women

Former Bank of America and Citi executive Sallie Krawcheck has launched a robo-advisory company catering specifically to women.

11 May 2016

News/robo-advisor

Investment pros wary of robo-advisor threat

Investment professionals around the world expect robo-advisors to start replacing humans in the mass affluent market, but are far less concerned that computers will oust them from their work with higher net worth clients.

04 May 2016