But combined with the booming Fintech sector it’s no surprise that the city is punching above it’s weight in wealth technology as well as the larger fintech category so let’s look and some of the movers and shakers in this category.
MoneyFarm was created to help people make better decisions with their money. So many people pay too much to have their money managed, trade too often, or even too little, and this is costing them over time.
With the right asset allocation, a long term perspective and tight management of both cost and risk, people can achieve more with their money.
With their digital investment advice and fully managed portfolios they’ve helped thousands of people to make better investment decisions.
Scalable Capital mission is to use modern technology to give a broad group of investors access to a form of investment that was previously reserved for the very wealthy.
To achieve this, Scalable combine three building blocks that are essential for retail investors to build wealth sustainably: cost-effective ETFs, diversification and dynamic risk management. In addition, we offer comprehensive client support – a service that has already won several awards.
Nutmeg were the first and are reportedly now the largest digital wealth manager in the UK with over 75k customers.
Nutmeg selling point is that they don’t hide behind complex pricing structures or financial jargon and don’t keep you in the dark when it comes to your investments or how they’re performing.
Instead, Nutmeg aims to give you complete transparency and want you to feel empowered.
Rerbium is the first business to introduce WM-as-a-Service so that Banks, Neo-Banks and Financial institutions can offer investment products and wealth management tools to their customers.
Rerbium have connected to multiple investment fintechs and merged everything into a single API and have gone one step further and are a building powerful wealth management tools that, up to now, have only been available to wealthy individuals.
Upside harvest the “upside” from your spending – so you can simply watch the savings add up and promise to help you make Effortless Savings That Grow As You Spend.
So Say hello to easy savings as Upside claims they can automatically gives you cashback when you shop at your favourite brands — saving you up to £240/year.