26 August 2022
Written By FinTech Alliance in Investment
Moneyfarm, a digital wealth manager, has reached £2.3bn assets under management in the first half of this year.
In Brief:
This is a rise of 46% year on year.
It has also reported that the number of women investing on its platform doubled to 32% of investors.
There’s also been a 53% increase in Millennial (28–42-year-old) investors.
What does this mean?
Moneyfarm has seen significant growth over the past year, supported by its acquisition of customers from roboadvisor Wealthsimple.
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