Robot Advisor Startup AQUMON Raises Pre-B Round
Summary
The four-year historical performance shows that AQUMON can help ordinary investors to break the traditional expensive channel fees through the power of algorithm + IT and reach the core assets. In terms of retail business, the key indicators of AQUMON’s global asset allocation app in the first three quarters of 2020, when the epidemic is raging, have increased by more than 300% over the same period last year. The repeated epidemics and the confusing financial market have given AQUMON new opportunities to continue to win the trust of customers through unconventional methods such as 100% transparency, automation and long-term decentralization. In mainland China, with the issuance of fund investment advisory licenses, the acceptance of automated wealth management will rapidly increase, from less than 1% to about 5% at present. It also will maintain strong investment in research and development, recruit more top talents in AI algorithms, big data, and IT integration, and continue to be the leader in technology in Asia.