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Announced

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HSBC Asset Management led a Series C roun in Quantifeed.

Synopsis

HSBC Asset Management, a global invesmtent company, led a Series C roun in Quantifeed, a digital wealth management solutions provider, with participation from Daiwa PI Partners, Franklin Templeton and LUN Partners Group. Financial terms were not disclosed. "Quantifeed's mission is to help financial institutions become providers of wealthcare, a customer-centric wealth management service that makes investing easy, accessible and relatable for everyone. We are thrilled to have the support of new and existing investors who believe in our business model and want to support our growth. We're using these funds to strengthen our leadership in the automated generation and implementation of financial advice," Alex Ypsilanti, Quantifeed CEO and Co-Founder.

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