By Anthony Ha for Techcrunch.com
SprinkleBit, a startup that helps you invest with guidance from friends and experts, has raised $10 million in new funding from GTC. (more…)
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Deals: This Singaporean fintech startup just raised almost $1m, pre-launch
By Nadine Freischlad for Techcrunch.com
AlgoMerchant, a Singapore-based fintech company, has closed a S$1.3 million (roughly US$910,000) seed round led by East Ventures. The startup still operates in closed beta. It plans to use the funds to develop the product, accelerate user growth, and hire new people. (more…)
iAllocate Is A Robot That Helps You Invest Your Cash
By John Biggs for Techcrunch.com
Robots are everywhere. They help lawyers make decisions, they sweep up after our parties, and now they can help you figure out how to invest your money. In fact, an Atlanta-based company called iAllocate is using artificial intelligence to suggest where you should be stashing your millions. (more…)
Wealthfront Launches Portfolio Review, An Advisory Tool For Avoiding Fees And Maximizing Savings
By Jonathan Shieber for Techcrunch.com
Ever year investors pay out hundreds of billions of dollars (that’s billions with a “b”) in fees to money managers that, essentially, they really don’t need to be paying. (more…)
Millennials Are Starting to Change the Stock Market
By Sofia Horta E Costa for Bloomberg Business,
Alistair Owen pours most of his paycheck into what he calls a travel-and-lifestyle fund. (more…)
