Latest robo-advisor News: Finextra Research

ABN Amro to debut digital wealth management business in Germany

ABN Amro is moving into the robo-advisory space, preparing for the launch of a new digital wealth management platform in Germany.

09 November 2017

News/robo-advisor

Wells Fargo combines tech and humans for investment account

Wells Fargo is blending robo-advisor technology with the human touch for a new investment advisory account dubbed Intuitive Investor.

06 November 2017

Company update/robo-advisor

Robo-advisory startup Birdee lands on Sutor banking-as-a-service platform

Birdee has become the Sutor banking platform’s first international robo-advisor.

03 November 2017

News/robo-advisor

Japan's banks plan 33,000 job cuts in digital downsizing

Japan's megabanks are planning to make huge, long-term cuts to their workforces as they increasingly turn to artificial intelligence (AI) and automation in a bid to streamline operations and cut costs.

31 October 2017

Company update/robo-advisor

AI startup Change wins BBVA Open Talent competition

An artificial inteligence startup aiming to give everyone their own virtual personal financial advisor has been named as the winner of the 2017 BBVA Open Talent Competition.

19 October 2017

News/robo-advisor

Moneyfarm acquires tech behind PFM chatbot Ernest

UK digital wealth platform Moneyfarm is aiming to move into the personal financial management space with the acquisition of financial chatbot technology startup Ernest.

06 October 2017

Company update/robo-advisor

Artificial Intelligence Bank-in-Messenger raises $1million from IIDF and private investors

The very first “Bank-in-Messenger”- TalkBank.io has raised $1million in seed investments with a company valuation of $6.1million. IIDF and 7 private investors, including Mark Malinovsky (kuponator.ru) have funded the start up.

06 October 2017

Company update/robo-advisor

Investoo Group moves into portfolio management world through RoboAdvisors.com acquisition

Leading FX affiliate firm Investoo Group is pleased to announce its latest acquisition in the retail investment space. The acquisition of RoboAdvisors.com marks the company’s expansion into the Portfolio Management industry.

05 October 2017

News/robo-advisor

Aviva succumbs to allure of robo-advice with Wealthify purchase

UK insurer Aviva has acquired a majority stake in a startup robo-adviser for an undisclosed sum.

05 October 2017

Company update/robo-advisor

Wealthsimple opens in the UK

Wealthsimple, a leading digital wealth manager, continues to make smart investing accessible and low-cost to more people with today's announcement of the company's expansion to the United Kingdom.

19 September 2017

News/robo-advisor

ING moves into digital wealth management with Scalable Capital

ING in Germany is to roll out a digital wealth manegement service in a pilot project with robo-advisory startup Scalable Capital.

14 September 2017

News/robo-advisor

BNP Paribas buys majority stake in robo-advisor Gambit

BNP Paribas has made a move into the robo-advisory sector, buying a majority stake in Belgian specialist Gambit Financial Solutions. Terms of the deal were not disclosed.

07 September 2017

Company update/robo-advisor

Citizens Bank launches robo-advisor

Citizens Bank today announced the launch of its digital investment and advisory platform, SpeciFi from Citizens Investment Services. With the introduction of SpeciFi℠, Citizens can now offer customers a unified view of their banking and investment accounts from their online banking homepage.

06 September 2017

Company update/robo-advisor

Robo-advisor Bambu recruits three new investors

Bambu, a B2B robo-advisor platform provider, announces it has completed a funding round led by three new investors.

31 August 2017

Company update/robo-advisor

Emirates NBD's AI banking robot learns Arabic

Emirates NBD’s Pepper has now learnt to speak Arabic! The artificial intelligence (AI) powered humanoid robot, brought to the UAE by Emirates NBD last year, has been widely popular due to his novel proposition and charming personality, and will now also cater to the bank’s Arabic-speaking customers.

30 August 2017

Company update/robo-advisor

KeyBank investment services go digital with Jemstep

Jemstep, a market-leading provider of a digital advice platform for financial advisors, and Key Investment Services (KIS), the retail broker dealer and investment advisory arm of KeyBank, one of the nation’s largest financial services companies, today announced a partnership to deliver an inmarket digital solution in 2017.

16 August 2017

News/robo-advisor

Absa rolls out Virtual Investor

Absa has launched Virtual Investor, an online self-service investment platform that uses algorithms to recommend a product for customers based on their financial attitudes to risk.

02 August 2017

Company update/robo-advisor

CleverAdviser tops £1bn milestone

CleverAdviser, the cloud-based fund analysis software for IFAs which uses artificial intelligence, has reported passing the milestone of passing £1 billion of client assets through its process.

28 July 2017