Wealth Wizards, a market-leading financial advice technology provider, confirms that is in ongoing discussions with potential investors with a view to raising further growth capital to support the development of the company and broaden its investor base alongside its existing investor LV=.

The new funding round will accelerate the adoption of Wealth Wizards’ SaaS platform and AI capabilities to drive expansion within the financial advice, banking, insurance and employee benefits markets, and the development of further market changing products for the wider digital financial services market.

Investors may include both strategic and financial parties and the discussions coincide with an inflection point in demand for conversational AI and chatbot solutions.