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Company type | Private |
---|---|
Industry | Digital Wealth Management |
Founded | 2011; 14 years ago (2011) in Milan, Italy |
Founders | |
Headquarters | |
Number of locations | 3 offices |
Area served | |
Key people | |
Products | |
Services | |
AUM | $2.2 billion |
Owners | |
Number of employees | 130 |
Website | www |
Moneyfarm (MFM Investment Ltd.) is an online investment advisor and one of the largest digital wealth management companies in Europe, regulated by the FCA (UK) and CONSOB (ITA).
History
Moneyfarm was founded in March 2011 by Paolo Galvani, chairman, and Giovanni Daprà, CEO. In March 2018 Moneyfarm launched digital Sipp a self-invested personal pension.
Overview
Moneyfarm creates a profile based on a customer's investment target and risk propensity.
Moneyfarm operates from offices in London, Milan, and Cagliari.
Moneyfarm received £96 million in backing from Allianz Asset Management, Poste Italiane, Cabot Square Capital, and Venture Capital fund, United Ventures.
References
- "Financial Conduct Authority". Register.fca.org.uk. 1 January 1990. Retrieved 12 June 2016.
- "Imprese di paesi terzi autorizzate in Italia con succursale". www.consob.it. Retrieved 3 September 2021.
- "Moneyfarm launches digital Sipp". 27 March 2018. Retrieved 14 May 2018.
- "Moneyfarm: investire online non è mai stato semplice come oggi". www.moneyfarm.com. Retrieved 13 April 2023.
- FinSMEs. "MoneyFarm Raises €16M in Venture Capital Funding". Finsmes.com. Retrieved 12 June 2016.
Further reading
- Walker, Peter (8 March 2016). "MoneyFarm acts over misleading advice status on website". Financial Times. Retrieved 19 June 2016.
- Shead, Sam (28 February 2016). "A former Morgan Stanley VP wants investors to trust his 'robo-advisor' app with their savings". Business Insider. Retrieved 19 June 2016.
- "Sedici milioni di euro, investimento record per MoneyFarm". Corriere della Sera (in Italian). 9 November 2015. Retrieved 19 June 2016.
- "Moneyfarm acquires German digital wealth outfit vaamo". Finextra. November 20, 2018
- "Wealth manager Moneyfarm wins Poste Italiane, Allianz backing". Reuters. September 26, 2019.
- Moneyfarm reaches £1.6 billion under management. Finextra. August 26, 2021.