Registered name : Robowealth
Type : Fintech Startup
Sector : Robo-Advisors
Description : Robowealth, a wealth tech leader, provides the first robo-advisory with asset allocation recommendations plus automated investment execution service in Thailand. Under mutual fund brokerage license supervised by the Securities and Exchange Commission of Thailand (SEC), we currently have two applications named ‘odini’ and ‘FinVest’ targeting retail and mass affluent customers. We have successfully launched ‘FinVest,’ in collaboration with Kasikornbank – one of the most innovative banks in South East Asia – and Lufax – a subsidiary of China’s leading technology-empowered personal financial services platform, which has Ping An as a major shareholder. At the same time, we have launched another mutual fund service under our partner’s license, ‘AscendWealth’ under True Money Application – a subsidiary of Ascend Money, a regional fintech firm with CP Group and Ant Group as major shareholders.
Robowealth also owns an investment advisory license from the SEC to operate traditional private wealth service under brand ‘INDEGO’ targeting high net-worth customers. We serve not only B2C but also B2B sectors under ‘Codefin’ – a wealth tech software house. Under this B2B segment, we have secured deals with the Stock Exchange of Thailand and leading financial institutions, including banks, asset management companies, and securities companies, etc.
Product or service stage : Establish
Funding stage : Series A
Employee : 51-200