Aviva and Wealthify make a bold fashion statement
It’s been an interesting week in robo-land 1. On Monday the latest set of accounts for Nutmeg were published. As has become the norm, alongside the frankly hilarious boast of ‘an 80% market share’ the rest of the numbers were brutal. £2.56m turnover, £11.9m operating expenses, and a loss of £9.3m (on top of the […]
Aviva and Wealthify make a bold fashion statement
It’s been an interesting week in robo-land 1. On Monday the latest set of accounts for Nutmeg were published. As has become the norm, alongside the frankly hilarious boast of ‘an 80% market share’ the rest of the numbers were brutal. £2.56m turnover, £11.9m operating expenses, and a loss of £9.3m (on top of the […]
IS IT ME OR IS IT GETTING HOT IN HERE? SCALABLE CAPITAL & INVESTEC’S BIG DAY
Well, after a period in which all the talk was of funding moving away from robo-advice to ‘insurtech’ and ‘regtech’ and other things ending in ‘tech’ that neither you nor I understand, BlackRock and Scalable Capital have come from nowhere and given us all plenty to talk about. (Before I crack in, a bit of […]
IS IT ME OR IS IT GETTING HOT IN HERE? SCALABLE CAPITAL & INVESTEC’S BIG DAY
Well, after a period in which all the talk was of funding moving away from robo-advice to ‘insurtech’ and ‘regtech’ and other things ending in ‘tech’ that neither you nor I understand, BlackRock and Scalable Capital have come from nowhere and given us all plenty to talk about. (Before I crack in, a bit of […]
LETTER FROM AMERICA: ALL THE MONEY IN THE WORLD
Big news today that BlackRock, which looks after more money than you can POSSIBLY IMAGINE, has bought the robo-adviser (and I might be sitting in New York but I’m still going to spell, adviser! correctly) FutureAdvisor for an undisclosed sum which the FT reckons is between $150m and $200m. OK, so a takeover, no biggie. […]
