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{{Infobox company
{{Infobox company
| name = Moneyfarm
| name = MoneyFarm
| logo =Moneyfarm-logo-blue-256.png
| logo =Moneyfarm-logo-blue-256.png
| type = [[Private company|Private]]
| type = [[Private company|Private]]

Revision as of 15:13, 26 January 2017

MoneyFarm
Company typePrivate
IndustryInvestment services
Founded2011
FounderGiovanni Daprà, Paolo Galvani
Headquarters
Area served
UK, Italy
Key people
ProductsFinancial services, asset management, portfolio management
Number of employees
100
Websitewww.moneyfarm.com/uk

Moneyfarm (MFM Investment ltd) is an online investment advisor and one of the largest digital wealth management companies in Europe, regulated by the FCA[1] (UK) and Banca d'Italia (ITA).

History

Moneyfarm was founded in March 2011 by Paolo Galvani, Chairman, and Giovanni Daprà, CEO, Moneyfarm leverages a digital wealth management platform to provide independent investment advisory services to small savers through its website.

Overview

Moneyfarm's technology allows it to create a unique profile based on a customer’s investment target and risk propensity. A team of Moneyfarm personnel monitors the investment state and provide recommendations, if needed, to re-balance portfolios according to market trends.

Moneyfarm operates from offices in London, Milan and Cagliari. As the first European robo-advisor, it departed from the "online-only" approach and opened a physical shop in Milan in May 2016.[2]

In September 2015, Moneyfarm raised €16m in venture capital funding.[3][4]

References

  1. ^ Name  (1990-01-01). "Financial Conduct Authority". Register.fca.org.uk. Retrieved 2016-06-12.{{cite web}}: CS1 maint: extra punctuation (link)
  2. ^ "Robots on the high street: MoneyFarm opens pop-up shop". Finextra.com. Retrieved 2016-06-12.
  3. ^ "MoneyFarm – CrunchBase". Retrieved 12 June 2016.
  4. ^ By FinSMEs. "MoneyFarm Raises €16M in Venture Capital Funding". Finsmes.com. Retrieved 2016-06-12.

Further reading