Advicetech company Woven Advice has closed its seed enterprise investment scheme funding round.
The firm – which has already built integrations with Xplan, Intelliflo, Plannr and Time4Advice – will now follow up with an enterprise investment scheme tranche this quarter. Woven Advice was founded by former Iress colleagues Nicky Sevel and Oli Brown, who are looking solve inefficiencies with financial advice data. This includes providing data cleansing services and back-office data support. Solutions for firms acquiring other businesses include a data aggregation layer which aims to improve data due diligence. "Advisers are held back by the quality of their data and their inabil...
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