GoodTrust raises $2.3 million for digital legacy platform
Digital legacy management company GoodTrust takes care of your digital assets after you die, and it has raised $2.3 million in funding.Read More
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Key Digital Wealth Managers: How robo-advisors present an opportunity for fintechs and incumbents alike
Summary List PlacementDigital wealth managers, also called robo-advisors, came into existence after the financial crisis in 2008, when fintechs aimed to simplify and democratize wealth management services with technology-first solutions.
Robo-advisors use technology such as AI algorithms and machine learning to manage users’ assets, while often relying on a hybrid model including human advice to enhance the customer relationship.
Although they only hold a fraction of the more than $43 trillion in investable assets under management in North America, digital wealth management is set to grow in the future – presenting an opportunity for fintechs and incumbents alike.
In this report, Insider Intelligence details the Key Digital Wealth Managers that are demonstrating best practices for the industry.
This exclusive report can be yours for FREE today.Join the conversation about this story »
Instacart Bags $265 Million in Consumers Love Affair With Online Grocery
Delivery platform Instacart has raised $265 million in a Series I funding round led by investors Andreessen Horowitz, Sequoia Capital, D1 Capital Partners, Fidelity Management & Research Company LLC and T. Rowe Price Associates. The capital more than doubles Instacart’s valuation to $39 billion. Top line Instacart said it plans to use the new capital…
The Briefing: Volocopter Lands $240M, Sofinnova Closes $540M Fund, And More
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