Fundment, an automated investment platform for advisers, has secured venture capital funding from Swedish firm Collector Bank.
The white-label service went live in the UK in February and this latest investment by NFT Ventures, the venture capital arm of the Gothenburg-based bank, represented its third funding round. Fundment said the investment would allow it to scale up its business and take on more staff as the number of advisers using its technology grows. The company added that its service allows advisers to assess client needs and risk profile as well as "seamlessly invest" and manage their assets through its in-built discretionary fund manager. It claimed to offer "the joined-up, low-cost power of a rob...
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