Financial advice fintech Lumiant has raised $5 million in a second self-described “Seed” round. The funding came from two growing independent advisory firms, Australia’s Invest Blue and US firm Savant Wealth Management. Lumiant is a cloud-based advice platform designed to improve financial advisers’ and clients’ advice outcomes. The funding is earmarked for US expansion and… Read more »
Financial advice startup Lumiant, has extended its $1.17 million seed capital raise through equity crowdfunding site Equitise and is now looking to raise a further $2 million. The fintech it’s seeking the additional capital amid high demand for its services to investing in its ability to scale and increase distribution across Australia. Lumiant is a… Read more »
Financial advisers are backing a crowdfunding campaign for an $11 million independent ratings startup
Adviser Ratings CEO Mark Hoven and MD and co-founder Angus Woods. Source: supplied Sydney-based independent financial advice rating and data startup Adviser Ratings has turned to crowdfunding as it seeks to respond the banking royal commission’s findings into conflicts of interest in the sector. The Series A raise through equity crowdfunding platform Birchal launched publicly… Read more »
Gen Y-focused financial advisory firm Wealth Enhancers launches e-learning course to help millennials with money
Gen Y-focused financial advisory firm Wealth Enhancers has expanded into online education with the launch of Wealth Creation for Gen Y, a course aimed at helping Gen Y out with their finances.
Fintech Investfit has launched today with $1.5 million in Series A funding, offering a platform that uses an algorithm to predict a user’s financial future.