Founded in 2011 by experienced entrepreneurs Paolo Galvani and Giovanni Daprà, Moneyfarm is a digital wealth manager that helps people protect and increase their wealth through time.
Both Paolo and Giovanni recognised that the wealth management industry was failing to cater for the needs of many people and were compelled to make a difference. Guided by their shared belief that families should be able to invest their money simply and effectively, they created a service that gives people access to investment advice and high-quality products at a family-friendly cost.
Eight years on, Moneyfarm operates in both Italy and the UK, offering simplified advice and discretionary investments to thousands of customers. They have won awards for their products and are regulated by the Financial Conduct Authority. They constantly innovate to ensure they offer to their customers the best products possible so they can lead a wealthier life.
Marking its entrance into its third market, Moneyfarm will combine its award-winning investment services with vaamo’s foothold in the German market.
Moneyfarm announces the largest funding round by a European digital wealth manager to date, led by Allianz Asset Management, with participation of United Ventures.