MoneyFarm
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| Company type | Private |
|---|---|
| Industry | Investment services |
| Founded | 2011 |
| Founder | Giovanni Daprà, Paolo Galvani |
| Headquarters | |
Area served | UK, Italy |
Key people |
|
| Products | Financial services, asset management, portfolio management |
Number of employees | 45 |
| Website | www |
MoneyFarm (MFM Investment ltd) is an online investment advisor and one of the biggest digital wealth management companies in Europe, regulated by the FCA[1] (UK) and Banca d'Italia (ITA).
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 the website moneyfarm.com.
The company’s technology allows the company to create a unique profile based on a customer’s investment target and risk propesity. A team of experts monitors the investment state and provides recommendations, if needed, to rebalance portfolio 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]
On September 2015, MoneyFarm raised €16m in venture capital funding.[3][4]
References
- ^ Name (1990-01-01). "Financial Conduct Authority". Register.fca.org.uk. Retrieved 2016-06-12.
{{cite web}}: CS1 maint: extra punctuation (link) - ^ "Robots on the high street: MoneyFarm opens pop-up shop". Finextra.com. Retrieved 2016-06-12.
- ^ "MoneyFarm - CrunchBase". Retrieved 12 June 2016.
- ^ By FinSMEs. "MoneyFarm Raises €16M in Venture Capital Funding". Finsmes.com. Retrieved 2016-06-12.