Robo-adviser Munnypot launches with SEI backing

Provides WhatsApp-style service

Hannah Godfrey
clock • 1 min read

Robo-adviser Munnypot has launched with the backing of SEI and Dutch automated advice firm Ortec Finance.

Munnypot is a WhatsApp style ‘chat-based' platform that aims to help consumers manage their savings digitally at a lower rate than traditional advice. The service is backed by investment manager SEI, front-end solution provider Virtual Affairs, financial planning tech firm Ortec Finance, and Five Degrees, a customer relationship and process management business. At present the platform is fully operational, with plans to bring new users in slowly in order to avoid an influx and be able to fix any early development problems, it said. The organisation plans to increase its marketing acti...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Advice duo set up own firm after previous MBO fell through

Advice duo set up own firm after previous MBO fell through

Simon Fettroll and Mark Ventham founded Cesta Financial Planning

Isabel Baxter
clock 01 April 2025 • 5 min read
Fairstone reaches £20bn AUM as it looks to hit £40bn next

Fairstone reaches £20bn AUM as it looks to hit £40bn next

Consolidator eyes double AUM by end of 2030

Isabel Baxter
clock 31 March 2025 • 3 min read
Brooks Macdonald joins main LSE market

Brooks Macdonald joins main LSE market

Move will ‘enhance the group’s corporate profile'

Isabel Baxter
clock 28 March 2025 • 1 min read