Robo-Advisory

StashAway raises US$25mil in Series D funding
The funding round is led by Sequoia Capital India and will be used to accelerate its investment product and feature development across its markets.
Wahed announces plans to partner INCEIF on Shariah robo-advisory research
The Securities Commission-licensed digital investment management company to partner the global university on Islamic finance on understanding the gaps and issues on Shariah-compliant robo-advisory.
Akru, Malaysia’s first homegrown robo-advisory hits minimum ECF investment target aims for US$485k
Hits US$151k, targeting a max amount of US$485k Claims its fees to be 3x cheaper than existing advisory channels
Invest in digital strategies or risk losing your market share: Deputy Finance Minister I
Banks are increasingly facing pressure driven by shifting consumer demands, the rise of fintech, and foreign banks getting full licenses in Malaysia.
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Digerati50 2020-2021

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