robo advice

Jul
26

OpenMoney launches robo-adviser for first-time buyers

OpenMoney has launched its online mortgage advice service for first-time buyers, a year after its initially planned date.

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Jun
18

JPMorgan is buying UK robo-advisor Nutmeg

JPMorgan Chase has announced it has agreed to buy British online investment management platform Nutmeg for an undisclosed sum.

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May
18

Goldman’s Marcus UK to launch robo-adviser early next year

Known as Marcus UK, Goldman Sachs will launch a robo-advice proposition in the UK on its digital bank Marcus early next year.

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Feb
18

Banking giant unveils robo-advice offering

US financial services company Goldman Sachs is entering the robo-advice space with the introduction of a service targeting retail clients.

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Aug
07

Two of Britain’s fastest growing fintechs are going after a huge pot of money: pensions

Fast-growing online investment startups Moneyfarm and Scalable Capital are both planning to launch pension products later this year, hoping that accessing the huge UK retirement market could super-charge their growth. Moneyfarm announced plans to launch a pension product later this year when it announced its full year results on Friday. Those results show that the startup, which launched in Italy in 2012 and the UK last year, currently has £260 million in assets under management. It offers personal investment and ISA products. Paolo Galvani, Moneyfarm’s cofounder and chairman, told Business Insider: “We will launch a UK pension product in the fourth quarter and next year Italy. For the next few […]

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Aug
03

Oxford University is getting into fintech

Oxford University, the centuries-old British education institution, is branching out into fintech. The university’s Saïd Business School announced on Wednesday that it will launch an online short course in fintech — financial technology for the uninitiated — that is designed to help prepare business executives for a future where more and more financial services functions are based around tech. “Oxford Saïd has a commitment to preparing global executives for the challenges of both today and tomorrow,” Peter Tufano, the Peter Moores Dean and Professor of Finance at the school, told Business Insider over email. “Our faculty have been active in fintech research and teaching, up to and including starting fintech […]

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Jul
27

Search for 2017 Fintech 100 innovators kicks off

Nominations are now open for the 2017 KPMG & H2 Ventures Fintech 100, the annual list designed to recognize leading fintech innovators.   Visit www.fintechinnovators.com by Thursday, 31 August 2017 and nominate your company, or any fintech you think should be considered for the Fintech 100.   The Fintech100, available at www.fintechinnovators.com, is compiled by fintech investment firm, H2 Ventures in collaboration with KPMG’s Global Fintech practice. The annual Fintech 100 includes both the leading 50 established fintechs, and the most intriguing 50 “emerging stars.”   How to nominate and the judging process: Nominations for the Fintech 100 can be made at www.fintechinnovators.com website by Thursday, 31 August 2017.   […]

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Jul
05

MortgageGym receives £500K investment from Henry Ritchotte

MortgageGym, a UK-based regulated mortgage robo-adviser, received a personal investment of £500k from Henry Ritchotte. Ritchotte, former Chief Operating Officer and member of the management board of Deutsche Bank AG, was also appointed as an adviser. He has over 24 years’ experience in the investment banking and financial services industries. Since leaving Deutsche earlier this year, Ritchotte has been making early stage investments in financial services firms with a focus on disruptive regulatory- and technology-driven business models. He previously held the role of ‘Head of Digital Bank’ at Deutsche. Ritchotte previously worked as Deutsche’s Chief Digital Officer on projects to digitalise banking services. Other roles at Deutsche included Chief Operating […]

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