Wealth Wizards, a market-leading financial advice technology provider, confirms that is in ongoing discussions with potential investors with a view to raising further growth capital to support the development of the company and broaden its investor base alongside its existing investor LV=.
The new funding round will accelerate the adoption of Wealth Wizards’ SaaS platform and AI capabilities to drive expansion within the financial advice, banking, insurance and employee benefits markets, and the development of further market changing products for the wider digital financial services market.
Investors may include both strategic and financial parties and the discussions coincide with an inflection point in demand for conversational AI and chatbot solutions.
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Wealth Wizards is a market-leading financial advice technology provider. Our founding purpose is to make financial advice affordable and accessible to all. Our end-to-end technology platform allows customers toautomate regulated customer journeys to engage, advise and execute on everyday financial planning decisions that improve financial wellbeing. Wealth Wizards is based in Leamington Spa, UK, and has 80 employees.
Wealth Wizards’ digital financial guidance and advice products and services combine leading-edge technology, financial services expertise and a market-leading capability to create and deliver an empathetic connection with a diverse customer audience. Three customer propositions have been developed which are applicable to a wide range of end markets globally: Turo Digital, Turo for Advisers and MyEva. Turo Digital and Turo for Advisers are a B2B white-label platform launched in 2015, targeted at the financial services industry. The third proposition, MyEva, is an own brand regulated digital ‘chatbot’ adviser targeted at employers and the financial wellbeing market that was launched in June 2019.
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