Moneyfarm raises £40 million in Series B funding round to drive next evolution in digital advice

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Today Moneyfarm announces the largest funding round by a European digital wealth manager to date. The round, which brings total funding to over €76m, was led by Allianz Asset Management, with participation from Endeavor Catalyst, and Fondazione di Sardegna, and existing investors United Ventures, Cabot Square Capital. The €46M million investment will be used to focus on greater personalisation of the investment advice to help support and guide customers along their wealth journey.

Read more at https://blog.moneyfarm.com/en/moneyfarm-news/moneyfarm-40-million-evolution-digital-advice/