The acquisition allows Moneyfarm to leverage vaamo’s foothold in the German market and to accelerate its entrance into Germany, now representing the third European market being covered besides Italy and UK. Thus, it presents the opportunity to expand the Moneyfarm business proposition further across Europe for companies and financial institutions looking to offer digital investment advice on.
View Johannes Freund’s profile on LinkedIn, the world's largest professional community. Johannes has 5 jobs listed on their profile. See the complete profile on LinkedIn and discover Johannes.Private-equity-backed Italian digital wealth management platform Moneyfarm has wholly acquired Germany-based robo-adviser Vaamo Finanz., Portfolio management, Southern Europe, DACH, Technology, Venture, Italy, Germany, Build-up.Moneyfarm is the provider of an online wealth-management platform designed to grow and protect wealth inexpensively with maximum transparency. The company’s online wealth-management platform is used for creating investment portfolios based on investment targets and risk-taking capacities and.
Moneyfarm Acquires Vaamo to Enter German Market Moneyfarm, a Milan, Italy and London, UK-based digital wealth manager, acquired Vaamo Finanz AG, a German digital wealth manager. The amount of the deal, which is subject to regulatory approval by German supervisory authority BaFin, was not disclosed. The acquisition enables Moneyfarm to enter into Germany and expand its business proposition.
Similar Companies to Nutmeg. Export. Betterment. Private Company. Founded 2008. USA. Betterment is a goal-based online investment company delivering smart, personalized financial advice paired with low fees and a superb customer experience. Launched in 2010, Betterment’s automated platform eliminates the typical complexities and time of the traditional investment account, freeing up time.
The benefits of Moneyfarm. Over 45,000 customers trust us. We count on actively managed portfolios and Allianz as a strong partner at our side. Your money is safe with us. Your assets are held as special assets in your name at our German partner bank, the FFB. The best of two worlds. Your risk profile is determined by our algorithm. Nevertheless, at Moneyfarm a personal advisor is always there.
The acquisition of vaamo will allow the firm to enter the German market. Moneyfarm has acquired Germany’s first independent digital wealth manager vaamo allowing the Italian firm, which also has a strong presence in the UK, to expand its European presence. Germany will become Moneyfarm’s third market, including the UK and Italy. Vaamo’s founders and joint CEOs Thomas Bloch (pictured.
On November 20, 2018, Moneyfarm announced it has agreed to acquire vaamo; The transaction is subject to regulatory approval by German supervisory authority BaFin; Founded in Frankfurt, Germany in 2014, vaamo is a digital wealth manager providing regulated, fully-managed discretionary portfolios to private investors; Headquartered in London, U.K., Moneyfarm is a digital wealth manager.
The announcement demonstrates the additional value that can be created through strategic partnerships and acquisitions, and follows Moneyfarm’s acquisition of German digital wealth manager, Vaamo, in late 2018. Moneyfarm has nearly 40,000 customers across the UK, Italy and Germany. Germany is already home to the top savers in the world, with.
Reinvest your N26 Invest portfolio capital to Moneyfarm (formerly Vaamo) You can reinvest the funds from your N26 Invest plan to a brand new investment plan with Moneyfarm. Important risk notice: As this option would mean closing your existing portfolio and reinvesting the capital in a new portfolio, this can result in a financial loss depending on the actual market value of your portfolio.
CityAM - Business with personality. Digital wealth manager Moneyfarm has expanded into Germany with the acquisition of Vaamo, the UK-based company announced today.
MoneyFarm is an independent financial services provider that offers online financial advisory and execution services in Italy, Germany, and the United Kingdom. The company enables its users to manage their money in an efficient way and offers a unique service in Europe that provides personal advice on ETFs and trading activity. MoneyFarm identifies its users’ investor profiles through an.
MFM Holding Ltd. (Moneyfarm), one of the leading European online asset managers based in London, has acquired Vaamo Finanz AG (vaamo). The German Federal Financial Supervisory Authority (BaFin) has approved the acquisition of vaamo by Moneyfarm. Since its founding in 2011, Moneyfarm has developed into one of Europe’s leading online asset.
Moneyfarm, based in London, England, offers its services in the UK, Germany, and Italy. It was originally founded as an Italian investment company by Paolo Galvani and Giovanni Dapra in 2011 and then expanded into the UK in 2016, making London its new European HQ. In 2018, it acquired German start-up Vaamo, which allowed it to expand its offerings into the German market. In its startup phase.
MoneyFarm Italy Private MoneyFarm SIM S.p.a is an inter dealer broker founded in March 2011 with offices in Milan and Cagliari in Italy. MoneyFarm is the only independent online financial advisor in Italy. Our revenues come only from our client fees and we do not take any back-end fees or commissions from other financial institutions.
The German robot-advisor Vaamo, which claims first-mover status on its market, is changing names, Private Banking Magazin reported. Following the November announcement that it was being taken over by the UK platform Moneyfarm, BaFin, the German securities market authority, green-lighted the merger in late March. Vaamo is therefore getting a new start on the German market under the brand name.
Italy’s digital asset manager Moneyfarm bought Vaamo, a digital German asset manger based in Frankfurt (see here the press release). The deal is to be seen in the framework of the international expansion of Moneyfarm after having opened shop in United Kingdom in 2015.