Moneyfarm

wealthtech-retailinvestment platforms

FOUNDING YEAR: 2011
LOCATION: United Kingdom
Last Update: 08/09/2020

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About

Moneyfarm is a digital wealth management company.We provide the best solutions and support to protect and increase your wealth through time.We do this because we believe our wealth is important and it helps us to lead a better life.

MEDICI Analysis

MoneyFarm provides online financial advisory and execution services for wealth management industry. The platform allows users to create portfolios, discover investor profiles, build and manage a portfolio of index funds, obtain investment portfolios, execute the trades with brokers, track investments, and receive advices.It aims to empower people to take control of their finances and manage them independently in a simple and efficient manner.

Focus

PRODUCTS & SERVICES

Automated investment platform for General saving account & Individual saving account portofolios. It provides mobile technology to manage portfolios with low cost advisory services.

REVENUE MODEL

Moneyfarm charges advisory fee between (0.4% to 0.6%) of total investment size. It also charges .25% fee for fund provider.

MAIN CLIENTS

Retail Investors

COMMENT

The robo-advsiory app uses algorithms and risk profiling to match users to one of six portfolios, with investments continuously reviewed in line with market fluctuations and client preferences.

Traction

VALUATION / MARKET CAP:

$213.44 M in 2018

REVENUE

$10M+ in 2018

REVENUE COMMENT:

The company had $11Million+ revenue in 2018

People

FOUNDERS

Giovanni Dapra

Paolo Galvani

BOARD MEMBERS AND ADVISORS

Paola Bonomo

Paolo Galvani

Giovanni Tarditi

Giovanni Daprà

Andrea Di Camillo

Paolo Gesess

Vittorio Terzi

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Allianz Ventures

Jupiter Venture

Principia SGR

United Ventures

Vittorio Terzi

KEY EMPLOYEES:

Emanuele Blanco (Chief Technology Officer)

Alessandro Onano (Chief Marketing Officer)

Stefano Longhi (Lead Technical Product Manager)

Richard Flax (Chief Investment Officer)

Sebastiano Picone (Head of Commercial Partnership)

Momentum

FUNDED

YES

TOTAL FUNDING

$127.27 M

DATE OF LAST FUNDING

Sep 2016

TOTAL FUNDING COMMENT

Including Undisclosed funding: $4.644M

SEED & PRIOR FUNDING

$965.64 K

SEED CLOSED ON

Feb 2011

FUNDING SERIES

SERIES A  · $24.2 M  · Sep 2016

SERIES B  · $53.07 M  · May 2018

SERIES C  · $44.38 M  · Sep 2019

OTHERS  · $4.64 M · Jan 2017

LISTED

NO

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Moneyfarm

About

MoneyFarm provides online financial advisory and execution services for wealth management industry. The platform allows users to create portfolios, discover investor profiles, build and manage a portfolio of index funds, obtain investment portfolios, execute the trades with brokers, track investments, and receive advices.It aims to empower people to take control of their finances and manage them independently in a simple and efficient manner.

Focus

PRODUCTS & SERVICES

Automated investment platform for General saving account & Individual saving account portofolios. It provides mobile technology to manage portfolios with low cost advisory services.

REVENUE MODEL

Moneyfarm charges advisory fee between (0.4% to 0.6%) of total investment size. It also charges .25% fee for fund provider.

Traction

LIVE USERS/TRANSACTIONS:

No live users/transaction yet

People

NUMBER OF EMPLOYEES

11-50

BOARD MEMBERS AND ADVISORS:

Paolo Galvani, Giovanni Tarditi, Giovanni Daprà, Andrea Di Camillo, Paolo Gesess, Vittorio Terzi, Paola Bonomo

INVESTORS:

Allianz Ventures

Jupiter Venture

Principia SGR

United Ventures

Vittorio Terzi

Momentum

FUNDED

YES

TOTAL FUNDING:

$16 M

LISTED

NO

FUNDING SERIES

SERIES A  · $16 M  · Nov 2015