Robo-adviser Munnypot launches with SEI backing

Provides WhatsApp-style service

Hannah Godfrey
clock • 1 min read

Robo-adviser Munnypot has launched with the backing of SEI and Dutch automated advice firm Ortec Finance.

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

IFA Pension Pulse secures PE investment

IFA Pension Pulse secures PE investment

HGL Private Capital backs advice firm for undisclosed sum

Sophia Panayi
clock 12 June 2026 • 1 min read
FCA warns of Coutts clone

FCA warns of Coutts clone

Clone firm trying to convince individuals it is genuine, regulator flags

Isabel Baxter
clock 12 June 2026 • 1 min read
Titan Wealth acquires Progeny's international arm

Titan Wealth acquires Progeny's international arm

Adds £900m AUA and brings 13 financial advisers into Titan Wealth

Isabel Baxter
clock 11 June 2026 • 2 min read