Robo-adviser Munnypot launches with SEI backing

Munnypot is a WhatsApp style ‘chat-based' platform that aims to help consumers manage their savings digitally at a lower rate than traditional advice. The service is backed by investment manager SEI, front-end solution provider Virtual Affairs, financial planning tech firm Ortec Finance, and Five Degrees, a customer relationship and process management business. At present the platform is fully operational, with plans to bring new users in slowly in order to avoid an influx and be able to fix any early development problems, it said. The organisation plans to increase its marketing acti...