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Press Reviews

Robo-adviser Moneyfarm expects profitability by 2019

European robo-adviser Moneyfarm expects to become profitable by 2019 as it looks to bring to market new products in the coming months.

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People have invested £260 million with robo-advisor Moneyfarm

Robo-advisor Moneyfarm has attracted over 10,000 customers in the UK since launching last year and is now one of Europe’s biggest independent digital wealth managers.

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Moneyfarm aims for profitability by 2019

Moneyfarm, Europe’s second-largest robo-adviser with more than 10,000 customers in the UK, said it aims to become profitable by 2019, despite posting a loss of £6.4m for 2016.

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Business Shapers: Paolo Galvani

Moneyfarm co-founder and chairman Paolo Galvani spoke to Jazz Shapers’ Elliot Moss about his Moneyfarm journey. Catch up now.

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