Fintuity has raised £2.15m in development funds from private and institutional investors over the past year to develop its solution that combines human advisers and AI technology.
The fintech firm said the funds will go towards developing the company's technical platform, offering AI-informed advice through its ‘Virtual Adviser'. Fintuity's Virtual Adviser, currently in development, matches client's circumstances to "bespoke" financial products and produces a financial roadmap that maximizes portfolios. It said its proposition is a "game-changing hybrid model" that combines human advisers and technology. The company said the technology will "level access" to financial advice in 2021 and beyond. The news comes after pioneering robo-adviser Nutmeg was bought ...
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